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Mongabay Environmental News

17 w

Brazil’s “End-of-the-World” auction for oil and gas drilling (commentary)

One day after the end of the COP28 climate summit, Brazil’s National Petroleum Agency (ANP) conducted what is known as the “End-of-the-World” auction, selling off drilling rights in 602 new exploration areas, including 21 in the Amazon River basin. More than half (12 blocks) are located in areas that directly impact up to 20 Indigenous […]
  • Rukia Ahmed Abdi

    17 w

    Brazil's "End-of-the-World" auction for oil and gas drilling, held just one day after the conclusion of COP28, raises concerns about the country's commitment to environmental conservation. The auction, conducted by Brazil's National Petroleum Agency (ANP), involves selling drilling rights in 602 new exploration areas, with 21 in the Amazon River basin. The decision to auction off these areas, including those impacting Indigenous territories, highlights potential conflicts between economic interests and environmental conservation efforts, undermining global efforts to address climate change.

    • Andy Kadir-Buxton

      17 w

      The love of money is the root of all evil.

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