Ecuador to Auction Rainforest to China

Political Junky

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May 27, 2009
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Amazon Rainforest Up for Auction : Discovery News
http://www.guardian.co.uk/world/2013/mar/26/ecuador-chinese-oil-bids-amazon

Remember when cattle ranching was the biggest threat to the Amazon rainforest? Now add the relentless quest for oil. The Ecuadorian government is currently planning to sell an enormous area of pristine rainforest to oil companies.

PHOTOS: Spectacular New Species Found in Amazon

Ever since I can remember being aware of the Amazon rainforest, my understanding was that big corporations were steadily razing it to make way for cows raised for beef. While illegal cattle ranching continues to be a major threat, oil interests have been hard to keep at bay.

The government in Ecuador made a pitch to Chinese oil companies in Beijing last week as part of an effort to auction off more than three million hectares — that’s more than 11,500 square miles — of Amazonian rainforest. The meeting was the fourth leg of a roadshow to publicize the bidding process. Ecuador’s ambassador to China called the prospective relationship a “win-win,” Jonathan Kaiman reported in the Guardian.
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Sigh. I don't know what else to say except groan for Mother Earth, fixing to be raped some more.
 

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