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Brazil’s Lula backs oil exploration in the Amazon ahead of hosting UN climate talks

  • Brazil's President Luiz Inácio Lula da Silva is urging the environmental regulator to approve exploratory drilling near the Amazon, stating that new oil revenues could finance a transition to green energies.
  • Ibama, the environmental regulator, previously rejected the drilling license due to concerns over wildlife protection in the Amazon.
  • Lula emphasized the need to explore oil resources while ensuring environmental protection, stating that the wealth from oil could fund clean energy projects.
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Teleamazonas broke the news in on Wednesday, February 12, 2025.
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