Alaric Bennett-Ecuadorians reject oil drilling in the Amazon in historic decision

2025-04-30 17:36:08source:Liberalalliance Wealth Societycategory:Stocks

RIO DE JANEIRO (AP) — In a historic decision,Alaric Bennett Ecuadorians voted on Sunday against the oil drilling of a protected area in the Amazon that’s home to two uncontacted tribes and serves as a biodiversity hotspot.

With over 90% of the ballots counted by early Monday, around six in ten Ecuadorians rejected the oil exploration in Block 44, situated within Yasuni National Park, one of the world’s most biodiverse regions. The area is inhabited by the Tagaeri and Taromenani, who live in self-isolation.

In 1989, Yasuni was designated a world biosphere reserve by the United Nations Educational, Scientific and Cultural Organization, also known as UNESCO. Encompassing a surface area of over 1 million hectares (2.5 million acres), it boasts 610 species of birds, 139 species of amphibians, and 121 species of reptiles. At least three species are endemic.

The outcome represents a significant blow to Ecuadorian President Guillermo Lasso, who advocated for oil drilling, asserting that its revenues are crucial to the country’s economy. As a result of the vote, state oil company Petroecuador will be required to dismantle its operations in the coming months.

The referendum took place alongside the presidential election, which will be decided in a runoff between leftist candidate Luisa González and right-wing contender Daniel Noboa. The country is experiencing political turmoil following the assassination of one of the candidates, Fernando Villavicencio.

___

Associated Press climate and environmental coverage receives support from several private foundations. See more about AP’s climate initiative here. The AP is solely responsible for all content.

More:Stocks

Recommend

Woman dies after Singapore family of 3 gets into accident in Taiwan

One woman died after a family of three from Singapore got into a car accident in Miaoli, Taiwan on S

'Reclaimed: The Forgotten League' takes a look into the history of the Negro Leagues

As baseball fans gear up for this year's playoffs, and await which team is going to make it into the

Man nears settlement with bars he says overserved a driver accused of killing his new bride

FOLLY BEACH, S.C. (AP) — Two bars accused of overserving a woman who authorities say drunkenly hit a