30 Dec '11, 9pm

Crowdfunding Temporarily Halts Oil Extraction From Key Tract of Amazon Rainforest in Ecuador

Ecuador had agreed last year to accept money in exchange for not drilling for oil in Yasuní National Park , an area of the Amazon rainforest that last year set a record for the most mammal, bird, amphibian and plant species in the world. But a fundraiser was held last night that collected the $116 million necessary to temporarily halt exploitation of the area for oil. Digital Journal explains : An odd alliance of governments, film stars, Japanese businesses, Russian institutions, and soft drink companies have come forward to help protect the heart of the Amazon rainforest in Ecuador from exploitation by oil companies. Yasuní National Park in Ecuador has become the planet’s latest success story, with a United Nations “crowdfunding” initiative held Thursday night to raise $116 million, an amount needed to put a temporary halt to exploitation by the oil industry of 722 square...

Full article: http://www.treehugger.com/corporate-responsibility/crowdf...

Tweets

Ecuador makes $116 million to not drill for oil in Amazon

Ecuador makes $116 million to not drill for oil...

news.mongabay.com 02 Jan '12, 5pm

Yasuni ITT: the virtues and vices of environmental innovation (12/07/2011) As the 17th Conference of the Parties to the Un...

Shareowners Press Chevron on Environmental Liabilities in Ecuador

Shareowners Press Chevron on Environmental Liab...

greenbiz.com 30 Dec '11, 12pm

There may be major corporations with poorer corporate governance records than Chevron, but it is unlikely that many have b...

Amazon Sold Over 4 Million Kindles in December, and E-Book Sales Are Up 175 Percent

Amazon Sold Over 4 Million Kindles in December,...

treehugger.com 29 Dec '11, 3pm

Amazon sent out a press release titled, "2011 is the Best Holiday Ever for Kindle" and looking at the numbers, it seems li...