Current:Home > MarketsEcuador votes to stop oil drilling in the Amazon reserve in "historic" referendum -PureWealth Academy
Ecuador votes to stop oil drilling in the Amazon reserve in "historic" referendum
View
Date:2025-04-17 05:51:31
Ecuadorans have voted to stop an oil drilling project in an Amazon reserve, according to the results Monday of a referendum hailed as a historic example of climate democracy.
The "Yes" vote to halt exploitation of an oil block in the Yasuni National Park, one of the most diverse biospheres in the world, won by 59 percent, with 98 percent of votes tallied.
"Today Ecuador takes a giant step to protect life, biodiversity, and indigenous people," the country's two main indigenous organizations, Confeniae and Conaie, posted on social media.
After years of demands for a referendum, the country's highest court authorized the vote in May to decide the fate of "block 43," which contributes 12 percent of the 466,000 barrels of oil per day produced by Ecuador.
The block is situated in a reserve which stretches over one million hectares and is home to three of the world's last uncontacted Indigenous populations and a bounty of plant and animal species.
Drilling began in 2016 after years of fraught debate and failed efforts by then president Rafael Correa to persuade the international community to pay cash-strapped Ecuador $3.6 billion not to drill there.
The government of outgoing President Guillermo Lasso has estimated a loss of $16 billion over the next 20 years if drilling is halted.
The reserve is home to the Waorani and Kichwa tribes, as well as the Tagaeri, Taromenane and Dugakaeri, who choose to live isolated from the modern world.
National oil company Petroecuador had permission to exploit 300 hectares, but says it is only using 80 hectares.
The Amazon basin — which stretches across eight nations — is a vital carbon sink.
Scientists warn its destruction is pushing the world's biggest rainforest close to a tipping point, beyond which trees would die off and release carbon rather than absorb it, with catastrophic consequences for the climate.
The fate of the reserve has drawn the attention of celebrities such as Hollywood star and environmental activist Leonardo DiCaprio.
"With this first-of-its-kind referendum worldwide, Ecuador could become an example in democratizing climate politics, offering voters the chance to vote not just for the forest but also for Indigenous rights, our climate, and the well-being of our planet," he wrote on Instagram this month.
Swedish climate campaigner Greta Thunberg also hailed the "historic referendum."
The NGO Amazon Frontlines said the vote was a "demonstration of climate democracy, where people, not corporations, get to decide on resource extraction and its limits."
Locals in Yasuni were divided, with some supporting the oil companies and the benefits that economic growth have brought to their villages.
- In:
- Climate Change
- Amazon
- Environment
- Ecuador
- Oil and Gas
veryGood! (1)
Related
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- An Update From Stanley Tucci on the Devil Wears Prada Sequel? Groundbreaking
- Andy Cohen Reacts to NYE Demands After Anderson Cooper Gets Hit by Hurricane Milton Debris
- Knoxville neighborhood urged to evacuate after dynamite found at recycler; foul play not suspected
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- Courtney Williams’ go-to guard play gives Lynx key 3-pointers in Game 1 win
- Who shot a sea lion on a California beach? NOAA offers $20K reward for information
- Why Milton’s ‘reverse surge’ sucked water away from flood-fearing Tampa
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- Days of Our Lives Star Drake Hogestyn's Cause of Death Revealed
Ranking
- Current, future North Carolina governor’s challenge of power
- Teen charged in connection with a Wisconsin prison counselor’s death pleads not guilty
- The drownings of 2 Navy SEALs were preventable, military investigation finds
- A second ex-Arkansas deputy was sentenced for a 2022 violent arrest
- Arkansas State Police probe death of woman found after officer
- Coats worn by Carolyn Bessette-Kennedy, fashion icon and JFK Jr.'s wife, to be auctioned
- Donald Trump’s Daughter Tiffany Trump Is Pregnant, Expecting First Baby With Michael Boulos
- Asylum-seeker to film star: Guinean’s unusual journey highlights France’s arguments over immigration
Recommendation
'We're reborn!' Gazans express joy at returning home to north
Dove Cameron Shares Topless Photo
Pregnant Influencer Campbell “Pookie” Puckett and Husband Jett Puckett Reveal Sex of Their First Baby
Alfonso Cuarón's 'Disclaimer' is the best TV show of the year: Review
Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
BrucePac recalls 10 million pounds of ready-to-eat meat: See list of 75 products affected
Hurricane Milton from start to finish: What made this storm stand out
How to Really Pronounce Florence Pugh's Last Name