New York Times article about Ecuador dropping its ban on oil drilling in the Amazon.
The $3.6 billion dollars President Correa of Ecuador asked for six years ago has not been raised. Only $13 million has been donated to the fund that would have prevented oil drilling in the Amazon, and that is not enough for the country to abstain from obtaining oil revenue. While President Correa sides with those who believe drilling is ruining the land, he claims that he made this decision in order to help the country as a whole. Oil pollution in the Ecuadorean jungles has also been marked by decades of lawsuits on Texaco and Chevron. The Ecuadorean court sentenced Chevron to pay for damages, but enforcement proceedings are in various stages.
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