Ecuador has dropped a plan to preserve swaths of the Amazon rainforest from oil drilling by having wealthy countries pay them not to drill. In a speech Thursday, President Rafael Correa said the plan to save parts of Yasuni National Park had raised only a fraction of the money sought. “The world has failed us,” he said. Nearly half of oil produced by Ecuador goes to the United States.
Ecuador Drops Plan to Preserve Parts of Amazon from Oil Drilling
HeadlineAug 16, 2013