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A case in point: When Ecuador placed a windfall tax on foreign oil operations, French and U.S. companies filed claims—and were awarded more than $800 million.

QUITO, Ecuador—When Rafael Correa entered Ecuador’s presidency in 2007, the nation faced an opportunity and a challenge. Ecuador’s economy depended on oil, and global crude prices were near a record high. Much of the oil was extracted by foreign companies, however, so as prices surged more wealth began flowing overseas.

How Wealthy Corporations Use Investment Agreements to Extract Millions From Developing Countries

Climate Change

Trump Administration Dropped Controversial Climate Report From Its Decision to Rescind EPA Endangerment Finding

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The final EPA rule explicitly omitted the report commissioned last year to justify revoking the endangerment finding, citing “concerns raised by some commenters.”

When the U.S. Environmental Protection Agency rescinded its bedrock endangerment finding Thursday, it explicitly excluded a controversial report issued last year by the U.S. Department of Energy that argued the dangers of human-induced climate change were being overstated.

Trump Administration Dropped Controversial Climate Report From Its Decision to Rescind EPA Endangerment Finding

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Climate Change

The First Casualty of Trump’s Climate Action Repeal: The U.S. EV Transition

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Tailpipe standards meant to hasten adoption of electric vehicles were slashed alongside the scientific basis for regulating greenhouse gas emissions. That will come at a cost.

With the repeal of the Environmental Protection Agency’s scientific finding on the dangers of greenhouse gases, the Trump administration is aiming to take out many federal actions on climate change in one blast.

The First Casualty of Trump’s Climate Action Repeal: The U.S. EV Transition

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Climate Change

Five Years Into a Fishing Ban, the Yangtze River Is Teeming With Life

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A doubling of fish biomass along Asia’s longest river shows hope for large-scale conservation efforts and a lifeline for the endangered finless porpoise.

Flowing almost 4,000 miles from the Tibetan Plateau to the East China Sea, the Yangtze is China’s “Mother River.” From the emerald-green rice paddies of Hunan to the industrial hubs of Wuhan and Shanghai, the river basin generates 40 percent of the nation’s economic output. Yet, 70 years of rapid development had, until recently, wreaked havoc on its delicate marine ecosystem.

Five Years Into a Fishing Ban, the Yangtze River Is Teeming With Life

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