Lula pushes oil drilling at mouth of Amazon despite climate risks

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Lula pushes oil drilling at mouth of Amazon despite climate risks

Brazilian President Luiz Inácio Lula da Silva is pushing to approve exploratory oil drilling at the mouth of the Amazon River before November’s U.N. COP30, an initiative which clashes with his image as a climate leader. A staunch defender of the project, Lula and his allies argue that oil revenues will fund Brazil’s renewable energy […]

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On the one hand, the Brazilian Head of State stands as a leader in the ecological transition of developing countries and increases decarbonisation measures, while on the other hand, it supports an energy policy based on fossil extraction, which is considered indispensable.

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Lula pushes oil drilling at mouth of Amazon despite climate risks - EnviroLink Network

Brazilian President Luiz Inácio Lula da Silva is pushing to approve exploratory oil drilling at the mouth of the Amazon River before November’s U.N. COP30, an initiative which clashes with his image as a climate leader. A staunch defender of the project, Lula and his allies argue that oil revenues will fund Brazil’s renewable energy transition, a claim environmentalists strongly reject.  Critics challenge the lack of concrete plans to invest oil…