We learn from the Department of Public Information that in the 2022 national budget $1.4 billion of public funds were allocated to deal with the stench and other management issues at the Haags Bosch landfill located at Eccles. Further, that more than 450 tonnes of waste per day are dumped in ‘Cell one’ and ‘currently,…
In the previous column, I noted several positive features of the Natural Resource Fund (NRF) Act of 2021. I also outlined several potential downsides such as the possibility for employing unnecessary financial consulting in the face of a legally-mandated passive investment strategy, the power relations between the officers of the Fund and government given the…
Dear Dr Ani Dasgupta Ani.dasgupta@wri.org We noted with surprise a congratulatory message attributed to WRI on the issuance of Winrock-ART’s TREES jurisdictional forest-based carbon credits to Guyana on 5 December 2022 (Department of Public Information (2022) ‘Sale of carbon credits: $157B for investments in low-carbon development across Guyana’, Department of Public Information, 21 December. Available at: https://dpi.gov.gy/sale-of-carbon-credits-157b-for-investments-in-low-carbon-development-across-guyana/) ….
Former Petroleum Advisor to the Government, Dr. Jan Mangal is of the firm view that the National Assembly should be the body determining the fiscal terms to be used in oil contracts. He insists that it should not be left to be negotiated on a one-on-one basis by a Minister.Dr. Mangal said that there is…
Last week, reporting on the ruling of Justice Sandil Kissoon, who heard the case brought against EEPGL and the EPA by Frederick Collins and Godfrey Whyte, Stabroek News said, “ExxonMobil’s local affiliate, EEPGL, has agreed in the permit to provide insurance and an unlimited parent company indemnity to cover all environmental loss and damage that…
Every Man, Woman and Child in Guyana Must Become Oil-Minded (Part 64) Introduction Figures contained in the 2017 financial statements of Esso Exploration and Production Guyana Limited indicate that the three-party set up of Esso, Hess and CNOOC Nexen will spend well over five hundred billion dollars ($500,000,000,000) up to December 2019. The three companies…
When the People Lead, The Leaders Follow Join us for the second in this series of conversations about Extractivism in the Caribbean, which will spotlight the communities and people asking questions and organizing. The Save Cockpit Country movement and fight against extraction in Jamaica. DATE: Thursday May 4, 2023 TIME (PLEASE NOTE TIME ZONES): 6 PM…
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Column 127 Introduction Yesterday’s column addressed three Guarantee and Indemnity Agreements (GIA) granted by the oil companies to the Environmental Protection Agency. These we are told are to provide some assurance to Guyana that there is money available to deal with any environmental events…
