Ecuador signs permits for oil drilling in Amazon's Yasuni national park
Companies could start extracting oil underneath key biodiversity reserve on Earth by 2016By Adam Vaughan
(theguardian.com) – Drilling for oil in a part of the Amazon rainforest considered one of the most biodiverse hotspots on the planet is to go ahead less than a year after Ecuador's president lifted a moratorium on oil drilling there.
Last August, Rafeal Correa scrapped a pioneering scheme, the Yasuní Ishpingo-Tambococha-Tiputini (ITT) initiative, to keep oil in the ground under a corner of the Yasuní national park in return for donations from the international community.
He said only $13m (£8m) of the $3.6bn goal had been given, and that "the world has failed us", giving the green light to drilling.
The permits allow Petroamazonas, a subsidary of the state oil company, to begin construction of access roads and camps to prepare for drilling.
Esperanza Martinez, an environmental activist in Ecuador, was quoted in a leading national daily as saying Petroamazonas had a bad record on oil spills and it could not be trusted to drill safely in the Yasuní-ITT.
Earlier this month, Ecuador's government rejected a petition calling for abandoning plans for drilling in the area, saying the organisers had failed to get enough signatures to trigger a national referendum.
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