Lonan3 Posted November 2, 2009 Share Posted November 2, 2009 CLICK The crux of the scheme is simple: to keep the oil beneath the Yasuni National Park where it is, in perpetuity. Covering nearly 2.5 million acres of primary tropical rainforest, Yasuni is the ancestral territory of the Waorani people and two other tribes, the Tagaeri and the Taromenane. It was named a Unesco biosphere reserve in 1989, and scientists regard it one of the most biodiverse places on earth. It is also the home of Ecuador's largest oil reserve. But by not extracting the estimated 846 million barrels of oil in the reserve, Ecuador will keep an estimated 410 million metric tons of carbon dioxide from entering the atmosphere, making a big contribution to the fight against global warming. It will also pledge to respect the territories of the indigenous cultures living in the national park, as well as protecting its flora and fauna. In return, the Ecuadorean Government has asked for compensation of $350 million a year for 10 years, which would be invested in environmental and social development programmes, helping the country move towards a sustainable economy. After a slow start the plan has begun to attract serious promises of commitment. Amazon Watch, an organisation dedicated to protecting the rainforest and its indigenous inhabitants, calls it "a landmark proposal ... a precedent-setting effort by an oil-exporting nation to preserve a global biodiversity hotspot, protect indigenous rights and set the stage for its own economic and energetic shift away from fossil fuels". Some big international players agree: Germany has offered $50 million on condition that other nations stump up similar sums. Ecuador's President Rafael Correa, and Yolanda Kakabadse, a senior member of the Yasuni commission, have been in London and continental European capitals this week spreading the word. And in December Ecuador's former chancellor Francisco Carrión, the Government's envoy on the initiative, will present it at the UN Climate Change Conference in Copenhagen. Link to comment Share on other sites More sharing options...
manxy Posted November 2, 2009 Share Posted November 2, 2009 CLICK The crux of the scheme is simple: to keep the oil beneath the Yasuni National Park where it is, in perpetuity. Covering nearly 2.5 million acres of primary tropical rainforest, Yasuni is the ancestral territory of the Waorani people and two other tribes, the Tagaeri and the Taromenane. It was named a Unesco biosphere reserve in 1989, and scientists regard it one of the most biodiverse places on earth. It is also the home of Ecuador's largest oil reserve. But by not extracting the estimated 846 million barrels of oil in the reserve, Ecuador will keep an estimated 410 million metric tons of carbon dioxide from entering the atmosphere, making a big contribution to the fight against global warming. It will also pledge to respect the territories of the indigenous cultures living in the national park, as well as protecting its flora and fauna. In return, the Ecuadorean Government has asked for compensation of $350 million a year for 10 years, which would be invested in environmental and social development programmes, helping the country move towards a sustainable economy. After a slow start the plan has begun to attract serious promises of commitment. Amazon Watch, an organisation dedicated to protecting the rainforest and its indigenous inhabitants, calls it "a landmark proposal ... a precedent-setting effort by an oil-exporting nation to preserve a global biodiversity hotspot, protect indigenous rights and set the stage for its own economic and energetic shift away from fossil fuels". Some big international players agree: Germany has offered $50 million on condition that other nations stump up similar sums. Ecuador's President Rafael Correa, and Yolanda Kakabadse, a senior member of the Yasuni commission, have been in London and continental European capitals this week spreading the word. And in December Ecuador's former chancellor Francisco Carrión, the Government's envoy on the initiative, will present it at the UN Climate Change Conference in Copenhagen. I wonder what will happen after 10 years? Would the nations who put money into the scheme have exclusive rights over the oil on a percentage basis or would another 10 year deal be looked at? Interesting story though. Link to comment Share on other sites More sharing options...
jimbms Posted November 2, 2009 Share Posted November 2, 2009 Sits back and awaits the USA deciding to go give aid to that country using the excuse it is to suppress rebels who are killing peasants. Link to comment Share on other sites More sharing options...
gazza Posted November 2, 2009 Share Posted November 2, 2009 clever buggers, sit and get paid for doing nowt for 10 years, which thay prob need the cash to keep the place going, then bang in 10 years time when oil stocks are low and the price is high, thay can start drilling it then, or if its the only place left with a rain forest thay will get paid even more to not drill it, thay are on a win win with that what ever way it gos, im sorry but anybody who thinks this is about saveing the planet and thay are the new amazing place there wrong, this is all about cash top and bottem of it, and if it happins well there one clever little buggers Link to comment Share on other sites More sharing options...
manxy Posted November 2, 2009 Share Posted November 2, 2009 clever buggers,sit and get paid for doing nowt for 10 years, which thay prob need the cash to keep the place going, then bang in 10 years time when oil stocks are low and the price is high, thay can start drilling it then, or if its the only place left with a rain forest thay will get paid even more to not drill it, thay are on a win win with that what ever way it gos, im sorry but anybody who thinks this is about saveing the planet and thay are the new amazing place there wrong, this is all about cash top and bottem of it, and if it happins well there one clever little buggers Thats exactly what I thought. Now where are we going to stick our chip pan oil? Link to comment Share on other sites More sharing options...
gazza Posted November 2, 2009 Share Posted November 2, 2009 maybe we could get paid for not suppling a tax haven, the world could pay us to not supply cheap deals, like the sound of that Link to comment Share on other sites More sharing options...
Henry Eagleton Posted November 3, 2009 Share Posted November 3, 2009 CLICK The crux of the scheme is simple: to keep the oil beneath the Yasuni National Park where it is, in perpetuity. Covering nearly 2.5 million acres of primary tropical rainforest, Yasuni is the ancestral territory of the Waorani people and two other tribes, the Tagaeri and the Taromenane. It was named a Unesco biosphere reserve in 1989, and scientists regard it one of the most biodiverse places on earth. It is also the home of Ecuador's largest oil reserve. But by not extracting the estimated 846 million barrels of oil in the reserve, Ecuador will keep an estimated 410 million metric tons of carbon dioxide from entering the atmosphere, making a big contribution to the fight against global warming. It will also pledge to respect the territories of the indigenous cultures living in the national park, as well as protecting its flora and fauna. In return, the Ecuadorean Government has asked for compensation of $350 million a year for 10 years, which would be invested in environmental and social development programmes, helping the country move towards a sustainable economy. After a slow start the plan has begun to attract serious promises of commitment. Amazon Watch, an organisation dedicated to protecting the rainforest and its indigenous inhabitants, calls it "a landmark proposal ... a precedent-setting effort by an oil-exporting nation to preserve a global biodiversity hotspot, protect indigenous rights and set the stage for its own economic and energetic shift away from fossil fuels". Some big international players agree: Germany has offered $50 million on condition that other nations stump up similar sums. Ecuador's President Rafael Correa, and Yolanda Kakabadse, a senior member of the Yasuni commission, have been in London and continental European capitals this week spreading the word. And in December Ecuador's former chancellor Francisco Carrión, the Government's envoy on the initiative, will present it at the UN Climate Change Conference in Copenhagen. I wonder what will happen after 10 years? Would the nations who put money into the scheme have exclusive rights over the oil on a percentage basis or would another 10 year deal be looked at? Interesting story though. Link to comment Share on other sites More sharing options...
Henry Eagleton Posted November 3, 2009 Share Posted November 3, 2009 The proposal is basically a sham. If implemented -- which is doubtful -- it will merely shift the production of carbon dioxide from one part of the planet to another. Moreover, the current government of Ecuador has shown that it cannot keep commitments, breaking contracts right and left to suit its interests. Link to comment Share on other sites More sharing options...
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