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Explore these Blue Chip Bargains insteadExplore for free Get 100% ad-free experience BRAZIL'S AMAZON RAINFOREST FIRES IN AUGUST REACH 14-YEAR HIGH World Published 09/01/2024, 11:30 AM Updated 09/01/2024, 11:35 AM Brazil's Amazon rainforest fires in August reach 14-year high * * * * View all comments (1)1 © Reuters. FILE PHOTO: A drone view shows a fire from burning vegetation in Amazon rainforest, in Apui, Amazonas state, Brazil, August 8, 2024. REUTERS/Adriano Machado/File Photo AMZN 3.71% By Stefanie Eschenbacher SAO PAULO (Reuters) - The number of fires in Brazil's Amazon (NASDAQ:AMZN) rainforest region for the month of August surged to the highest level since 2010, government data showed on Sunday, after a record drought that has been plaguing the biome. Last year's rains came late and were weaker than usual because a weather pattern, known as El Nino, was supercharged by climate change, leaving the rainforest especially vulnerable to this year's fires. Satellites detected 38,266 fire hotspots in the Amazon in August, more than double compared to the previous year and the largest number for that month since 2010, data from Brazil's National Institute for Space Research (Inpe) showed. The August data reaching a 14-year high comes after last month's fire hotspots in the region surged to a two-decade high. While the data is the fastest indicator of the state of fires in the region, which often peak between August and September, it does not indicate the intensity. Fires in the naturally wet and humid biome often start on cattle ranches where locals are converting the jungle into pastures for cattle ranching. Warmer air and drier vegetation have created conditions where fires can spread more rapidly as well as burn more intensely and for longer. Deforestation has also reduced the rainforest's ability to produce rain and humidity. Helga Correa, a conservation specialist at WWF-Brasil, said in an initial assessment of the August data last week that the fires were driven by a combination of weather, climate change and human actions. 3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads. "The region where we detected concentrated smoke in August coincides with the so-called Arch of Deforestation, which includes the north of Rondonia, the south of Amazonas and the southwest of Para," she said. "This indicates that, in addition to climate change and El Nino, changes in land use produced by humans play a central role in the increase in fires," she said. SHOULD YOU INVEST $1,000 IN AMZN RIGHT NOW? Investing.com’s ProPicks are 6 model portfolios that identify the best stocks for investors to buy now. The stocks that made the cut could produce monster returns in the coming years. Is AMZN one of them? Unlock ProPicks to find out Brazil's Amazon rainforest fires in August reach 14-year high * * * * View all comments (1)1 LATEST COMMENTS Post Comment Guidelines Subbuilder22 hours ago Human caused, definitely. They Brazilians brought this on by clearing, and clearing, and clearing some more for farming. First the loggers come in, then the torches. Until there are no more people there, it, (the rain forest), will never come back. 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Aug 31, 2024 10 key Charts to Understand the State of the Chinese Economy Today By Ed Yardeni Aug 31, 2024 More News Market Movers Most Active Gainers % Losers % NameLastChg. %Vol. NU 14.97+5.20% 561.76M NVDA 119.37+1.51% 333.75M TSLA 214.11+3.80% 63.37M AAPL 229.00-0.34% 52.99M AMZN 178.50+3.71% 43.43M MSFT 417.14+0.97% 24.31M SMCI 437.70-2.48% 10.93M NameLastChg. %Vol. MDB 290.79+18.34% 6.88M INTC 22.04+9.49% 177.79M MRVL 76.24+9.16% 32.03M WDC 65.59+4.06% 6.42M TSLA 214.11+3.80% 63.37M AVGO 162.82+3.75% 25.16M AMZN 178.50+3.71% 43.43M NameLastChg. %Vol. ULTA 352.84-4.01% 5.00M APA 28.49-2.90% 6.07M SMCI 437.70-2.48% 10.93M TSCO 267.55-2.25% 1.36M ILMN 131.40-1.78% 968.97K CRM 252.90-1.60% 10.51M ALB 90.25-1.53% 2.06M TRENDING STOCKS NameLastChg. %Vol. NVDA 119.37+1.51% 333.75M TSLA 214.11+3.80% 63.37M INTC 22.04+9.49% 177.79M AAPL 229.00-0.34% 52.99M SMCI 437.70-2.48% 10.93M Show more ProPicks AI AI-powered stock picks with a proven track record to beat the S&P 500. 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