There is an almost beautiful simplicity to the Ecuadorian leader’s proposal. Rafael Correa has said that his Government is prepared not to extract nearly a billion barrels of oil from Yasuní National Park, a part of the Amazon rainforest of extraordinary but fragile ecological and cultural richness. To do so, however, Ecuador will need to be compensated by the international community to the tune of at least $350 million per annum for the next 10 years. New Internationalist explores a bold plan that could point the way to breaking oil dependency.
July 2008, Issue 413