-
Tottenham sign Italy's Tonali from Newcastle
-
Stock markets diverge as tech recovery stutters
-
Jolted by Ebola, countries try again to finish pandemic treaty
-
Springboks recall Papier and make 10 changes for Scotland Test
-
Fashion forward: Osaka targets Wimbledon glory
-
Indonesia, Singapore say key oil passage will remain 'accessible'
-
FIFA have 'crossed a red line' in Balogun reprieve: UEFA
-
USA face Belgium and World Cup date with destiny after Trump intervention
-
Fears new pan-European company status threatens workers' rights
-
Oldest quasars ever discovered add to 'perplexing' space mystery
-
'Our game, not theirs': Klopp slams FIFA's Balogun decision
-
German factory orders unexpectedly rebound in May
-
Damage but no casualties reported from Pacific super typhoon
-
Russian strike kills 14 around Kyiv on eve of NATO summit
-
Sky strengthens UK streaming offer with ITV deal
-
USA face Belgium and World Cup date with destiny after Balogun reprieve
-
Experts urge caution as demand grows for AC in heatwave-hit UK
-
Immobilised by heatwave, handicapped man sues Austria in rights court
-
Thousands flee raging wildfires in southern Europe
-
Bellingham tells England to believe after Mexico masterclass
-
Tuchel hails 'heroic' England win in Mexico, but joy soured by Henderson injury
-
'Major' damage as super typhoon hits US islands
-
Bellingham savours 'best night of England career' after Mexico heroics
-
Kane says England found a way to win
-
Ancelotti fails in mission to end Brazil's World Cup woe
-
England, Norway advance at World Cup, FIFA ruling triggers uproar
-
Bellingham powers 10-man England past Mexico, into World Cup quarters
-
Asian markets mixed as tech recovery stutters, oil slips
-
Canada's McIntosh breaks 200 fly world record, oldest in women's swimming
-
Russia launches deadly barrage on Kyiv region on eve of NATO summit
-
Norway dance to Haaland's beat in 'surreal' World Cup run
-
'Major' damage as Super Typhoon Bavi hits US island of Rota
-
Daddy issues? NATO's Rutte sticks to charm to keep Trump on side
-
Australia signs defence alliance with Pacific nation Fiji
-
Norway's World Cup win over Brazil beyond my dreams, says Haaland
-
Philippine Senate trial to decide VP Duterte's political future
-
Neymar calls time on Brazil career after World Cup elimination
-
Australia PM apologises for Kylie Minogue comments
-
Ancelotti promises Brazil will bounce back after World Cup exit
-
Helio Files New Patent Family Covering Precision Deployable Boom Technology, Expanding Intellectual Property
-
Ryde Signs MOU with UISEE to Explore Strategic Collaboration in Autonomous Vehicle Projects in Singapore
-
What Is BTC Worth? New Pricing Model May be Key to Reveal the Answer
-
Vanta to Participate in the "Health, Wellness & Longevity" Virtual Conference Presented by Maxim Group LLC on Wednesday, July 22, 2026, at 10:00 a.m. ET
-
Banyan Gold Expands High-Grade Domains at Powerline, AurMac Project, Yukon, Canada
-
What is the Best Social Media Platform for Plastic Surgeons?
-
Grande Portage Resources Reports Positive Results from Preliminary Strength Testing of Mine Backfill Materials
-
BioNxt Advances GLP-1 Sublingual Semaglutide ODF Program with Next Stage of Delivery Development Underway
-
InterContinental Hotels Group PLC Announces Transaction in Own Shares - July 06
-
Penalty save inspired Norway, says 'keeper Nyland
-
Mexico-England World Cup match delayed one hour due to storms
Lula pushes mega-oil project as Brazil prepares to host COP30
Brazil's president this week amped up pressure for a major oil project to go ahead at the mouth of the Amazon River, despite criticism from environmentalists as the country prepares to host UN climate talks in November.
President Luiz Inacio Lula da Silva, 79, aspires to make Brazil a leader in the fight against global warming, but has fiercely defended oil exploration as key to the growth of Latin America's biggest economy.
"We want oil because it will be around for a long time," Lula said Wednesday, arguing that the windfall from the black gold should be used "to finance the energy transition, which will be very expensive."
He was speaking as Brazil's environmental protection agency IBAMA, an autonomous public body, is mulling whether to grant state-owned oil giant Petrobras an exploration license in an offshore area known as the Equatorial Margin.
That maritime area extends over 350,000 square kilometers (135,000 square miles) across northern Brazil and lies some 500 kilometers (310 miles) from the mouth of the Amazon River.
Petrobras estimates the potential reserves in the basin at 10 billion barrels.
Brazil's proven reserves amounted to 15.9 billion barrels in 2023, according to the government.
However, the project has been highly criticized, given that fossil fuels such as oil are the main cause of greenhouse gas emissions responsible for global warming.
- 'Wage war to obtain peace' -
The first two years of Lula's third presidential mandate saw multiple environmental successes, with a sharp reduction in deforestation and the upward revision of greenhouse gas emission reduction targets.
But experts say the looming oil project tarnishes Lula's environmental ambitions, just a few months before COP30 -- the 30th session of the UN climate change conference -- is held for the first time in the Amazon, in the city of Belem.
"You can't be a climate leader and at the same time aim to increase the production of fossil fuels," said Suely Araujo, from Brazilian NGO Climate Observatory.
Araujo, a former IBAMA president, said the argument that the energy transition can be financed with oil revenues "is tantamount to saying that we want to wage war to obtain peace."
"Opening the Amazon to fuel exploration goes against the (government's) discourse on preserving the Amazon to help regulate the climate," said Ilan Zugman, Latin America director of the 350.org climate NGO.
Almost half of the energy consumed in Brazil comes from renewable sources, more than three times the global average, according to official data.
But the country is also Latin America's largest oil producer and the eighth largest in the world, producing an average of 3.4 million barrels of oil per day in 2024.
Lula has pointed out that countries like Guyana and Suriname were already "exploring oil very close to our Equatorial Margin."
"We need to find a solution in which we guarantee the country, the world and the people that we will not blow up any trees, nothing in the Amazon River, nothing in the Atlantic Ocean," Lula said this week.
Toya Manchineri, from the Coordination of Indigenous Organizations of the Brazilian Amazon, warned that the project also threatened Indigenous peoples and could cause "irreversible environmental damage, destroying forests and polluting rivers."
- Tensions within government -
After IBAMA denied Petrobras an exploration license for the Equatorial Margin in 2023, the oil giant presented a new plan which is still under consideration.
In October 2024, IBAMA demanded more details from Petrobras on how it would contain an oil spill should one occur in the biodiverse region.
"In December, Petrobras presented a new proposal ... currently being analyzed by our technical team," the agency told AFP.
The project has provoked tensions within the government as well.
Environment Minister Marina Silva, who oversees IBAMA, said Thursday that she did not intend to "exert any influence" on the agency to authorize the project.
Silva, a respected environmentalist, said it would be a "technical" decision and not a political one.
Meanwhile, the minister of mines and energy, Alexandre Silveira, a staunch defender of the project, urged IBAMA to use "common sense" and authorize the exploration as quickly as possible.
A.O.Scott--AT