Equador Saving Rainforest! June 10/07 Print E-mail
Sunday, 10 June 2007 04:21
Dear friend,

Every once in a while, a leader in goverment makes a proposal that can actually help the environment. The new president of Ecuador Rafael Correa has just announced that the government would keep the oil in the ground under one of the most precious and extensive Amazonian jungles on Earth if matching contributions could come from the international community as well (conservation groups, other nations, private donors, investors, loan defaults, combinations of these, etc.)

Correa has had enormous pressure from just about everybody (except for environmentalists, indigenous and poor peoples) to start drilling oil on a 1 million hectare tract in Yasuni National Park, under which sits at least 1 bbls of heavy crude oil, worth over $30 billion at today's prices.

But Yasuni National Park also houses one of the richest, most biodiverse primary rainforests on Earth. It is also a source of clean fresh water, two tribes voluntarily isolated, and an enormous carbon dioxide sink to mitigate global warming. In the long run, the value of this treasure far exceeds anything that could be extracted. The exploitation scenario would surely destroy the region, in similar ways already destroyed further north in the Ecuadorian Oriente.

I am working with the Ministry of Energy to help spread the word about this exciting possibility. In Correa's proposal, Ecuador would match funds with donations from the international community to keep the oil in the ground and preserve the ecosystem for all time. Ecuador is a poor country, and this potential sacrifice in short-term revenues to save a significant rainforest is an unprecedented move by a government, and thus provides the rest of us new opportunities to team up and set an example to the world.

The following link explains to you the details of this project. Needed over the first year is $350 million, not that much considering the preciousness of this threatened ecosystem:

www.amazoniaporlavida.org

I will also be posting updates on this urgent undertaking, along with progress on Montesueños, our new retreat center for peace and sustainability in the Ecuadorian Andes, where we will be having conferences on this and other important issues. The websites are:

www.brian-oleary.com and www.montesuenos.org

Let us know how you can help, what ideas you might have, and please spread the word! Thank you.

All best,

Brian O'L oleary1998@yahoo.com