US company targets Chile's rainforest

Issue 

US company targets Chile's rainforest

A US development company Washington has made bids on 750,000 acres (300,000 hectares in the heart of southern Chile's old-growth-forested fjords.

Horton-Davis Enterprises, a relatively small company, has said it plans a multifaceted development, including logging, mining, fisheries and tourist facilities.

Although investigations by Ancient Forests International revealed that Horton-Davis does not have the resources to finance such an ambitious operation, the company has made serious bids to private landholders for many of the same areas proposed for a "world park" by AFI.

The group recently completed its third annual international expedition to explore the region's temperate rainforests, which include the southern hemisphere's oldest trees, the alerce cedar. The sequoia-like giants, severely logged, now are found only in remote, inaccessible valleys.
[Abridged from the US publication Econews.]

If you like our work, become a supporter

Green Left is a vital social-change project and aims to make all content available online, without paywalls. With no corporate sponsors or advertising, we rely on support and donations from readers like you.

For just $5 per month get the Green Left digital edition in your inbox each week. For $10 per month get the above and the print edition delivered to your door. You can also add a donation to your support by choosing the solidarity option of $20 per month.

Freecall now on 1800 634 206 or follow the support link below to make a secure supporter payment or donation online.