Brazil to Auction Oil Drilling Rights Ahead Of Cop30, Fuelling Backlash | Planet Pulse | N18G
Brazil to Auction Oil Drilling Rights Ahead Of Cop30, Fuelling Backlash | Planet Pulse | N18GBrazil is set to auction 172 oil blocks in the highly sensitive Amazon coastal region where the Amazon River meets the sea. This controversial move, dubbed the "Doomsday Auction" has sparked outrage from environmentalists, indigenous groups, and experts who warn of devastating impacts on biodiversity and the climate. Burning the fossil fuels from these blocks could release over 11 billion tonnes of CO2, jeopardizing Brazil’s climate commitments just months before it hosts the global COP30 summit.
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