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Tuesday, October 27, 2009

Ecuador wants money not to drill in Amazon

AlJazeeraEnglish
October 26, 2009
Ecuador's president is in London this week to promote a unique proposal: pay his country around $4 billion not to drill for oil in a pristine Amazon reserve.

Germany and Spain have expressed interest in Rafael Correa's idea, which environmentalists say could set a precedent in the fight against global warming by lowering the high cost to poor countries of going green.

Correa is scheduled to meet with British MPs on Wednesday to discuss the proposal and plans to travel to Canada, France, Sweden, Belgium and the United States in November.

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