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Ecuador & Oil

Ecuador & Oil. Peak Oil Environmental Justice Taskforce 2006. oilatwhatcost.org. Why is he angry?. Poverty Life and death Destruction. Poverty. Ecuador is one of South America's poorest countries, Ecuador, is believed to be sitting on huge untapped reserves of oil and gas.

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Ecuador & Oil

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  1. Ecuador & Oil Peak Oil Environmental Justice Taskforce 2006

  2. oilatwhatcost.org

  3. Why is he angry? • Poverty • Life and death • Destruction

  4. Poverty • Ecuador is one of South America's poorest countries, Ecuador, is believed to be sitting on huge untapped reserves of oil and gas. • Much of it, though, lies beneath remote areas of the Amazon rainforest in the ancestral and legally granted lands of the Achuar, Shuar and Kichwa people.

  5. Ecuador before and after oil

  6. Why is he angry? • Poverty • Life and death • Destruction

  7. Why is he angry? • Poverty • Life and death • Destruction

  8. Texaco • Texaco’s legacy of environmental destruction has left strong resistance to oil projects • Their extraction processes contaminated both land and water, and has left the people with numerous health problems.

  9. amazonwatch.org

  10. This photograph shows an oil pipeline that has been leaking into the stream below

  11. This photograph show oil waste products being burned off after refinement. The smoke emitted from the burning causes health problems and "black rain".

  12. This photograph shows an oil pit, where oil waste products are stored. A border of several feet of clay soil may be all that separated these contaminants from water tables.

  13. Sources of Problems • US resource interests • Texaco 1970s • Globalization • IMF and World Bank • GATT • Resource depletion

  14. Outcomes • Debt • Displacement • Poverty • Genocide • Environmental devastation

  15. Debt • The massive indebtedness of Ecuador to the International Monetary Fund has forced it to open its natural resources for international exploitation

  16. Winners & Losers • Not all sections of Ecuadoran society have benefited equally from oil revenues. • The traditionally dominant Spanish-descended elite gained far more than the indigenous peoples, who make up a large proportion of those who live in poverty.

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