Brazil

Brazil kicks off global summit amid criticism

Source: 
Reuters

The president of Brazil kicked off the three-day global environmental summit in Rio on Wednesday, amid plenty of complaints that the United Nations conference is on course to end with a weak slate of accomplishment, Reuters reports.

Report: Environmental disputes kill one person a week worldwide

Source: 
Reuters

A report by the human rights group Global Witness concludes that one person is killed each week in the increasingly violent worldwide battles over conservation vs. exploitation of forests and other natural resources, Reuters reports.

Rio, China said to ease impasse on climate talks

Source: 
Bloomberg

Bloomberg reports that officials from Rio de Janeiro and China are affirming that they won't try to use emission credits that they sell for their own domestic greenhouse targets, potentially erasing stumbling block in United Nations talks on climate change.

Oil

Brazil's state-controlled oil producer lowers output goal

Source: 
FuelFix

Petrobras, Brazil’s state-controlled crude producer, lowered its 2020 output target by 11 percent, from 6.4 million barrels to 5.7 million, and will spend $236.5 billion through 2016 on offshore oil field investments, FuelFix reports.

100 Amazon birds risk extinction, group says

RIO DE JANEIRO (AP) — The list of Amazon bird species facing danger of extinction has risen sharply because their rainforest habitat is being slashed to make room for cattle ranching and agriculture, a conservationist group said Thursday.

BirdLife International said that globally, 1,331 types of birds, or 13 percent of the world's 10,064 total bird species, were listed as at risk on this year's Red List of Threatened Species issued by the International Union for Conservation of Nature. That's up from the 1,253 species classified as threatened on last year's list.

Heading into Rio summit, scientists warn planet facing unprecedented peril

Source: 
The Washington Post

Ahead of this month's Rio+20 Earth Summit in Brazil, scientists and environmentalists are warning the planet is facing unprecedented, dire straits, The Washington Post reports.

Development push puts Brazil's indigenous at risk

BRASILIA, Brazil (AP) — For generations, the Awa lived far from the rest of humanity, picking fruit, hunting pigs and monkeys and following the seasons' rhythms in their patch of the lush Brazilian Amazon rainforest.

Then the rest of the world found the Awa. Loggers and ranchers came, cutting into the tribe's ancestral lands in search of profits. So did a rail line where trains shuttle tons of iron ore through the forest, from mines in the heart of the Amazon to Atlantic Ocean ports, with much of it headed for Chinese steel mills.

Brazil's Rousseff creates new nature reserves

Brazilian President Dilma Rousseff has created two new nature reserves, as well as seven indigenous territories in the Amazon.

The reserves are among a raft of environmental measures Rousseff signed into law on Tuesday, just weeks before the United Nations' mega-conference on sustainable development. The Rio+20 conference is to be held in Rio de Janeiro from June 20-22.

Oil

Brazil: Chevron has to pay up for spill

Source: 
The Wall Street Journal

Regulators in Brazil said they will decide likely by July on the amount of fines they will make Chevron pay for an offshore oil spill in November, The Wall Street Journal reports.

Global economy at risk as US, Europe and Asia slow

WASHINGTON (AP) — The global economy's foundations are weakening, one by one.

Already hobbled by Europe's debt crisis, the world now risks being hurt by slowdowns in its economic powerhouses.

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