Don Quixote, in order to go out and undo wrongs, protect the weak, never cared about the economy, so he lost his brain and half his estate to buy books on chivalry; Yes, as a proud knight errant, he never thought of handing over his hat so that others would help him pay for his follies.

Following the example of Don Quijote, as on other occasions in Ecuadorian history, the Constitutional Court, ten years late, when the exploitation is already underway, gave way to a public consultation, so that Ecuadorians can decide to cover the oil tankers of our wells in Block 43 ITT as long as this reduces the national income and increases the impoverishment of the population of the surrounding areas. The Court was not even concerned about the decrease in revenues that such a measure would produce in public finances, prohibited by the Constitution and laws. They are trying to make some excuses.

ITT/Yasuní nonsense

The damage that would occur is great and measurable. But those who promote leaving oil in the ground and erecting extraction plants want to convince us that there are vast, unlimited resources in the world for nature conservation; They tell us about green bonds. Well, if so, get them and when you have them in sufficient quantity to compensate us for so much damage, and you have deposited them in the central bank of Ecuador, then, and only then, the state can dismantle everything and cover up the wells. Not before.

The ITT block produces heavy crude oil that flows ready for export and does not require burners

When international cooperation was needed several years ago to prevent ITT from being exploited, that effort failed, so the exploitation began; but now the situation is different and more serious. Now we would have to present ourselves to the supposedly existing international community, as if it were a legal entity, and say: “We Ecuadorians are so generous, selfless, Quijotes, that we have decided not to continue oil production, but, since we are poor, we want others to pay for our philanthropy, our quijotería”. They will laugh at us! We must strengthen our dignity and stop giving up our hands begging for help every time we think of taking the initiative.

Registration for social and political groups for the electoral campaign for Yasuní and Chocó Andino opens in five days, consultations that will cost $3.2 million

In the partial renegotiation of the debt that we recently did, which is internationally supported because it deals with the conservation of so many valuable natural resources of the Galapagos, several hundred million dollars were obtained; To compensate the loss in ITT, tens of billions are needed.

The major powers, the major producers, continue to extract oil; we Quixotes, romantically, don’t want to do that. The consequences of our quixoticism threaten national development, unbalance public finances, endanger dollarization, make fuel subsidies unsustainable.

I said, before: to preserve, yes; destroy no. If we destroy it, not only will we lose revenue, but our current contractors will sue us internationally. We know we always lose! (OR)