In April, lawmakers in the Brazilian state of Rondônia gathered for a hasty vote in a squat cube of a building that had sat largely empty for months. Few places on Earth had been hit harder by Covid-19 than Porto Velho, the concrete capital city, which, like everything else in the region, has been carved out of the Amazon rainforest. But on that rainy afternoon, while the city was in lockdown, the legislators felt they couldn’t wait any longer.
They needed to pass a bill that would slash the size of a state rainforest reserve known as Jaci-Paraná and another park farther south. Once a vast expanse of sinuous streams and soaring stands of mahogany and castanha trees, Jaci-Paraná Extractive Reserve has been largely transformed into pasture for cattle. Roads cut into the bright red mud crisscross the reserve, connecting hundreds of ranches where 120,000 cattle graze. The ranches are illegal. The new law would change that. Their owners would no longer have to hide the origin of their livestock to sell to big beef producers. More important, the land grabbers would have a path to legal title. Almost half the state legislators are ranchers or got elected with agribusiness money. They’d long wanted to wipe the slate clean for their rural base, and now they had support all the way up to the presidential palace in Brasilia.
This story is from the August 02, 2021 edition of Bloomberg Businessweek.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the August 02, 2021 edition of Bloomberg Businessweek.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Instagram's Founders Say It's Time for a New Social App
The rise of AI and the fall of Twitter could create opportunities for upstarts
Running in Circles
A subscription running shoe program aims to fight footwear waste
What I Learned Working at a Hawaiien Mega-Resort
Nine wild secrets from the staff at Turtle Bay, who have to manage everyone from haughty honeymooners to go-go-dancing golfers.
How Noma Will Blossom In Kyoto
The best restaurant in the world just began its second pop-up in Japan. Here's what's cooking
The Last-Mover Problem
A startup called Sennder is trying to bring an extremely tech-resistant industry into the age of apps
Tick Tock, TikTok
The US thinks the Chinese-owned social media app is a major national security risk. TikTok is running out of ways to avoid a ban
Cleaner Clothing Dye, Made From Bacteria
A UK company produces colors with less water than conventional methods and no toxic chemicals
Pumping Heat in Hamburg
The German port city plans to store hot water underground and bring it up to heat homes in the winter
Sustainability: Calamari's Climate Edge
Squid's ability to flourish in warmer waters makes it fitting for a diet for the changing environment
New Money, New Problems
In Naples, an influx of wealthy is displacing out-of-towners lower-income workers