Brazil has opened a huge chunk of the Amazon to mining

1 BUSINESS

Business News - Opportunities - Reviews

 

 

Brazil has opened a huge chunk of the Amazon to mining – Aug. 24, 2017

Top CEOs to Trump: You're wrong on climate change

Brazil has opened a massive swath of the Amazon to mining.

The government has abolished a reserve that straddles the northern states of Pará and Amapá, a move that opens the vast area to mineral exploration and commercial mining.

‘; var storytext = document.getElementById(‘storytext’); var heightToSkip = 0; function resetValues() { totalHeight = 0; targetChildElement = null; }
// Check if story is in the blacklist of articles to remove smartassets // [2017.07.27] Results of a one-off request from r.barbieri if(BLACKLIST[location.pathname] === true) { return } if(storytext == null) { console.log(“Error finding storytext element for SA embed”); return; } for ( i = 0; i 0) { heightToSkip -= storytext.childNodes[i].clientHeight; resetValues(); } else if(heightToSkip minHeight && targetChildElement != null) { //console.log(“total height = ” + totalHeight); //console.log(“childNode = ” + targetChildElement); storytext.childNodes[targetChildElement].insertAdjacentHTML(‘afterend’, smartAssetDiv); smartasset = document.getElementById(‘smartasset-article’); smartasset.style.float = ‘left’; // allows module to have text float to right smartasset.style.marginRight =’20px’; smartasset.style.marginBottom =’25px’; //console.log(storytext.childNodes[targetChildElement]); //SMARTASSET.setDivIndex(targetChildElement); SMARTASSET.setSmartAssetScript(); /* bail out since we’re done */ break; } } /* div with id=”smartassetcontainer”. Sanity check to only embed once */ else if (storytext.childNodes[i].nodeName.toLowerCase() === ‘div’ && storytext.childNodes[i].id !== “undefined” && storytext.childNodes[i].id === “smartassetcontainer”) { break; } /* div with id=”ie_column” */ else if (storytext.childNodes[i].nodeName.toLowerCase() === ‘div’ && storytext.childNodes[i].id !== “undefined” && storytext.childNodes[i].id === “ie_column”) { resetValues(); } /* embeds from twitter, facebook, youtube */ else if (storytext.childNodes[i].nodeName.toLowerCase() === ‘div’ && storytext.childNodes[i].classList.contains(’embed’)) { resetValues(); } /* cnn video player */ else if (storytext.childNodes[i].nodeName.toLowerCase() === ‘div’ && storytext.childNodes[i].classList.contains(‘cnnplayer’)) { resetValues(); } /* images */ else if (storytext.childNodes[i].nodeName.toLowerCase() === ‘img’) { resetValues(); } /* images stored in figure tags */ else if (storytext.childNodes[i].nodeName.toLowerCase() === ‘figure’) { if(storytext.childNodes[i].clientWidth

The reserve, which was established in 1984, is huge: It covers 18,000 square miles, an area twice the size of New Jersey.

The government said that mineral extraction would only be allowed in areas where there are no conservation controls or indigenous lands. A government report from 2010 said that up to two-thirds of the reserve is subject to such protections.

The government, which has previously said that the region is rich in minerals, gold and iron, framed the decision as an effort to attract new investment, boost wealth generation and create jobs.

amazon forest brazil

Related: Natural disasters caused $175 billion in damage in 2016

The decision sparked outrage among activists and environmental groups.

Opposition politician Randolfe Rodrigues called it “the biggest crime against the Amazon forest since the 1970s.”

In July, Brazil announced a plan to revitalize the country’s mining sector. It said the industry now makes up 4% of Brazil’s economy, and employs 200,000 people. The government wants to increase the sector’s contribution to 6%.

Brazil emerged from the longest recession in its history in the first quarter. Unemployment reached record high in June, with more than 14 million people out of work.

— Vasco Cotovio contributed reporting.

CNNMoney (London) First published August 24, 2017: 6:58 AM ET

1 BUSINESS

Business News - Opportunities - Reviews

 

 

Leave a Reply