Ecuador Tries Novel Balance of Oil and Environment
"I think oil has brought us more bad than good ... We need to do something about it."
- Rafael Correa, president of Ecuador
El Coca, Ecuador - Under pressure to preserve the environment while at the same time ease the poverty of his people, Ecuadorean President Rafael Correa has come up with an unusual solution.
The move come amid growing popularity of "carbon offsetting," in which first-world residents concerned about climate change make donations to compensate for the environmental damage their consumer habits cause.