Displaying items by tag: COP30

In a northern region of Brazil known as the Equatorial Margin, where the Amazon River meets the Atlantic, a major environmental and political debate is unfolding. After researching the possibility of offshore oil reserves, the government decided to hold auctions to sell exploration rights in this area. President Lula da Silva, known for his environmental pledges, including a promise of ‘zero deforestation’ in 2023, now supports allowing drilling ‘to fund our energy transition’ and bolster the economy. Critics argue this contradicts his public stance and undermines Brazil’s credibility as it prepares to host COP30. Environmental organisations and even the federal prosecutor’s office challenged the oil auctions, citing inadequate environmental reviews and community consultation. Despite their efforts, they went ahead, with major corporations like Chevron and Petrobras securing exploration rights. Brazil’s environmental agency had initially rejected drilling permits, but its decision was overruled by its own director under government pressure. The outcome reflects Brazil’s struggle to reconcile economic needs with ecological stewardship.