boutons_deux
08-15-2010, 07:42 PM
"Now the United Nations Development Programme has set up a fund to pay the government of Ecuador to keep Yasuni unspoiled by leaving as much 850 million barrels of crude oil under the park's ground.
At $80 per barrel that's nearly $70 billion worth. And roughly 400 million metric tons of CO2 that wouldn't enter the atmosphere.
All Ecuador wants in return is $3.6 billion over the next decade for a pledge never to develop the oil field. Countries that paid into the UNDP fund would receive a credit for the avoided greenhouse gas emissions, potentially offsetting some of their own oil burning. Ecuador plans to use the money to develop renewable energy.
Germany has committed to pay some $50 million per year over the next 12 years. Other commitments remain sparse on the ground despite the plan having been floated since 2007."
http://www.scientificamerican.com/podcast/episode.cfm?id=keeping-oil-underground-in-ecuador-10-08-15&print=true
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The other big oil problem in S. America is Chevron screwing over Ecuador by Chevron and its contractors poisoning Ecuador.
http://thepumphandle.wordpress.com/2009/03/26/chevron%E2%80%99s-mess-in-the-amazon/
At $80 per barrel that's nearly $70 billion worth. And roughly 400 million metric tons of CO2 that wouldn't enter the atmosphere.
All Ecuador wants in return is $3.6 billion over the next decade for a pledge never to develop the oil field. Countries that paid into the UNDP fund would receive a credit for the avoided greenhouse gas emissions, potentially offsetting some of their own oil burning. Ecuador plans to use the money to develop renewable energy.
Germany has committed to pay some $50 million per year over the next 12 years. Other commitments remain sparse on the ground despite the plan having been floated since 2007."
http://www.scientificamerican.com/podcast/episode.cfm?id=keeping-oil-underground-in-ecuador-10-08-15&print=true
=======
The other big oil problem in S. America is Chevron screwing over Ecuador by Chevron and its contractors poisoning Ecuador.
http://thepumphandle.wordpress.com/2009/03/26/chevron%E2%80%99s-mess-in-the-amazon/