The battle over Ecuador’s oil takes a new twist

Kevin Gallagher, College of Arts & Sciences

The announcement by Ecuador’s president, Rafael Correa, that he has abandoned a ground-breaking scheme stopping oil operations in the Amazon has led to a wave of protests across the country and speculation about why it failed…

Expert quote:

“It was unique and ingenious, but it was a lot of money to raise after an international financial crisis and the rest of the world basically ignored it.People just weren’t convinced.”

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