12/16 Closing Prices / revised 12/17/2024 08:38 GMT |  12/16 OPEC Basket $74.03 +$0.45 cents 12/16 Mexico Basket (MME)  $65.78 –$0.45 cents   10/30 Venezuela Basket (Merey)  $58.30   +$3.39 cents  12/16 NYMEX Light Sweet Crude  $70.71 -$0.58 cents | 12/16 ICE Brent  $73.91 -$0.58 cents 12/16 Gasoline RBOB NYC Harbor  $1.9757 –0.0261 cents | 12/16 Heating oil NY Harbor  $2.2640 -0.0060 cents | 12/16 NYMEX Natural Gas  $3.214 -0.056 cents | 12/13  Active U.S. Rig Count (Oil & Gas)  589 + 7 | 12/17 USD/MXN Mexican Peso  $20.1472 (data live) 12/17 EUR/USD Dollar  $1.0490 (data live) | 12/17 US/Bs. (Bolivar)  $50.37100000 (data BCV) | Source: WTRG/MSN/Bloomberg/MarketWatch/Reuters

South America Will Pledge to End Amazon Deforestation by 2030 – Bloomberg

  • Eight nations to adopt pledge in August summit in Brazil
  • Brazilian leader Lula was first to commit to 2030 deadline
Gold prospectors at an open-air gold mine camp, in Novo Aripuana, in the Amazonas state of Brazil.
Gold prospectors at an open-air gold mine camp, in Novo Aripuana, in the Amazonas state of Brazil.(Bloomberg)

Marcelo Rochabrun, Bloomberg News

LIMA
Energiesnet.com 07 21 2023

Brazilian President Luiz Inacio Lula da Silva’s ambitious pledge to end illegal deforestation of the Amazon rainforest by 2030 is going regional.

The eight South American nations that make up the Amazon rainforest have agreed to adopt the pledge in August, Peruvian Environment Minister Albina Ruiz said in a news conference on Thursday.

“There is consensus when it comes to zero deforestation,” Ruiz said in a press conference in Lima. Peru has the second-largest section of the Amazon after Brazil.

The pledge would amount to the most ambitious government effort yet to protect the world’s largest rainforest, whose preservation scientists see as key to helping avert climate change. It also faces huge obstacles as the nations sharing the Amazon have economic interests that are sometimes at odds with its preservation. Gold mining is a key concern, as are the oil and timber industries.

Lula is already set to host the presidents of the eight nations — Bolivia, Brazil, Colombia, Ecuador, Guyana, Peru, Suriname, and Venezuela — in August to sign an Amazon declaration.

Ruiz said the deforestation pledge has already been included in the draft declaration because there is consensus on it.

bloomberg.com 07 20 2023

Share this news


 EnergiesNet.com

About Us

 

By Elio Ohep · Launched in 1999 under Petroleumworld.com

Information & News on Latin America’s Energy, Oil, Gas,
Renewables, Climate, Technology, Politics and Social issues

Contact : editor@petroleuworld.com


CopyRight©1999-2024, Petroleumworld.com
, EnergiesNet.com™  /
Elio Ohep – All rights reserved
 

This site is a public free site and it contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.We are making such material available in our efforts to advance understanding of business, environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a ‘fair use’ of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have chosen to view the included information for research, information, and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond ‘fair use’, you must obtain permission fromPetroleumworld or the copyright owner of the materia