Correa’s sunshine story: ITT

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Like the World Bank, the IOM et al. have their sunshine stories (white-, green- you name it wash), so does the neo-socialist revolution in Ecuador:

The innovative offer by the government of Ecuador to refrain from exploiting its largest oil reserve, in exchange for international compensation for nature conservation, is attracting increasing support”, according to an August 23 IPS article. The initiative relates to the untapped Ishpingo-Tiputini-Tambococha (ITT) oil reserve, which is located in Yasuni National Park in the Amazon. According IPS, the park is one of the world’s most biodiverse regions. It was created in 1979 and covers 982,000 hectares”.

But behind this glamorous project – instigated by a radical environmental group – lures the reality of the wider project of Ecuadorian reform: more oil, more refineries, more roads, less forest and the crazy destruction of the Napo River that the construction of the Manta-Manaus corridor threatens. There is already a road straight into Yasuni – for the exclusive use of petroleras (and presumably the military). Yasuni might be “conserved” – but it will be circumscribed by concrete and asphalt, tending towards an indigenous zoo in the outskirts of town.

2 thoughts on “Correa’s sunshine story: ITT

    colona said:
    Saturday, November 3, 2007 at 08:00 (375)

    And, blinded by all this sunshine, hardly anyone seems to have noticed that the ITT oil reserve is not the only oil block in Yasuní. The license to exploit Bloque 31, spanning the heart of this megadiverse area, has been conceded to Petrobras, Brazil’s national oil company.

    ITT is not Yasuní. It’s a bit of it only.

    […] “Another clear example is ITT. The Taegheri and Taromenane peoples [in voluntary isolation] live in the Ishpingo-Tambococha-Tiputini area. This is the Huaorani people’s territory. Ecuador’s indigenous people, in accord with international agreements and the 1998 constitution, asked for this area to be protected. The President, who is very intelligent, said, “Great. Let’s leave the oil underground and see how many countries will supplement the $500 million a year we would lose.” He knew that this would be very difficult to accomplish.” […]

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