Monday, June 4, 2007

Dept. Of Creative Solutions

Ecuador has announced that it's willing to forego developing oil fields in the Amazon rainforest containing almost a billion barrels of crude if the international community makes up 50% of the projected yearly revenues for ten years. By the government's calculations, that would mean roughly $350 million a year for the next ten years. The idea is to protect not only an area rich in biodiversity, but also the area's indigenous culture.

Meanwhile, France has announced that in addition to cracking down on illegal immigration, it will pay legal immigrants up to E. 6,000 (Euros) should they choose to return to their country of origin. The measure is being touted as a means of supporting investment in developing countries.

Posted by Judah in:  Odds & Ends   

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