26 Jun 2008 People & Planet news. Climate Change

Ecuador: Pay us to keep the oil in the soil!

A revolutionary proposal on climate change? The New Internationalist investigates, and you can too with an amazing deal on subscriptions that benefits you and P&P.

Picture of July 2008 issue of New Initernationalist

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The current issue (July 2008) focuses on a potentially revolutionary proposal for tackling climate change: compensating oil-producing countries for loss of revenue as a result of their deliberately not exploiting fossil fuel reserves.

With beautiful pictures of the rainforest in the Yasuní region of Ecuador, the magazine looks at the issue from several viewpoints including:

  1. Endgame in the Amazon: Is Ecuador’s bold proposal not to exploit a billion barrels of oil in the Yasuní National Park a serious option for combating climate change? If so, the world is going to have to move fast, warns Vanessa Baird.

  2. “Speak to us first!”: People from the Ecuadorian rainforest tell Fabrício Guamán what they think of their Government’s proposal to leave petroleum in the ground.

  3. toxic Blocks: No-one said oil was clean. But Ecuador’s experience of extracting fossil fuels is about as bad as it gets, reports David Ransom.

  4. Costing the earth: Adam Ma’anit navigates the snakepits of global carbon trading in the context of Yasuní.

Plus other features including “As if poetry mattered”, and on the multi-million dollar lawsuit against President Bush, BP, Barclays, Coca-Cola and Ford for doing business with apartheid South Africa.

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