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Oil Exploration Would Endanger The Most Biodiverse Region in The Western Hemisphere, Say Scientists

AUSTIN, Texas — An international team of scientists that includes two University of Texas at Austin researchers has found that Ecuador’s Yasuní National Park, which sits on top of massive reserves of oil, is in the single most biodiverse region in the Western Hemisphere.

The announcement is part of a final push for the Yasuní-ITT Initiative at the United Nations General Assembly. The initiative proposes that Ecuador receive compensation for half of the revenues the nation would lose by protecting the estimated 846 million barrels of oil that lie beneath the forest. (more…)

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