Amazing. Let’s celebrate the wins to keep up strength for the next fight!
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That is great. Now we need to help Ecuador to actually become wealthy as well. Having a third of the government income and a third of exports being oil, this is a huge problem for what is still a relativly poor country.
However as in most places resource extraction tends to only help the rich. So this might be good news for Ecuador, if the money can be invested smartly. However with 29.27% of primary energy being hydropower is really good. It means it should be entirly possible to kick out oil out of the electriticy mix with solar and wind. Thats what I would recommend anyway. Also having nearly everybody connected to the electricity grid is good, especially considering how clean it is already
So there is a good solid base with a clean grid for industrial development of the country. Investing into the population rather then into oil, will bring long term prosperity.
Nice, really hope they don’t end up getting coup’d.