GROS ISLET, St Lucia, June 21 (DW).- The Executive Secretary of the United Nations Framework Convention on Climate Change (UNFCCC) Secretariat, Simon Stiell has been touting the long-term environmental and financial benefits of the Caribbean fast-tracking its shift from from oil and gas to solar and wind as energy sources. “The Caribbean is, to a large extent, still dependent on ...
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Govt bans use of chemicals to clear drainage system
The Guyana government has banned the use of chemicals to clean drainage calls across the country, after concerns were raised by residents of Ann’s Grove, East Coast Demerara. After the concern was raised raised by a resident during a ministerial outreach led by Prime Minister Mark Phillips, the Agriculture Minister Zulfikar Mustapha made government’s position clear that no chemicals must ...
Read More »Indigenous communities draw down GY$4.7 billion from Hess carbon credit payment
Indigenous communities totalling 241 were Wednesday informed that they would each receive millions of dollars now that Guyana has received the first installment of US$75 million from American oil company, Hess Corporation, for the sale of forest carbon credits, but they first have to craft approved development plans. Vice President Bharrat Jagdeo, addressing Toshaos (Amerindian village chiefs) at the Arthur ...
Read More »Schlumberger applies for new permit to store radioactive materials underground near Demerara River
The United States-headquartered oil well drilling support company, Schlumberger (SLB), has applied for a fresh permit to store radioactive material in pits near the Demerara River, but representatives of the company on Tuesday ran into a firestorm of criticism at a public consultation. Schlumberger’s Legal Counsel, Kyle Prescod told reporters after the consultation that after the application to the Environmental ...
Read More »High Court rules that gold miner, GGMC trespassed on Amerindian lands
The High Court has blocked a mining company and the Guyana Geology and Mines Commission (GGMC) from mining or permitting mining respectively in village lands at Jawalla, Region Seven (Cuyuni-Mazaruni) and awarded damages for trespass against the mining company and the regulatory agency. The Jawalla Village Council said Justice Sandil Kissoon awarded the Jawalla Village Council GY$10 million for trespass ...
Read More »First payment from Hess Corporation for Guyana-Issued Carbon Credits
Guyana has received its first payment for carbon credits under the agreement with the Hess Corporation. US$75 million has been paid, and is the first payment in an agreement that will be worth a minimum of US$750 million up to 2030, government announced on Tuesday. Government said two further payments of US$37.5 million each will be made during 2023 – ...
Read More »Schlumberger ordered to stop storing, using radioactive materials at East Bank Demerara location
The High Court on Friday ruled that the France-headquartered Schlumberger, a global provider of products and services to ExxonMobil’s operations in Guyana, must stop storing, using and possessing radioactive materials at its facility at Houston, East Bank Demerara. Justice Nareshwar Harnanan, in handing down his decision, agreed with the plaintiffs that the environmental permits awarded by the Guyana government’s Environmental ...
Read More »OPINION: COP27 – a crime against humanity, a leadership vice
by GHK Lall I would sum up COP27 in two words. Promises, promises, promises. And dud, dud, dud. Most of those 200 plus should have done the world a favor, and stayed home. Nothing material comes out of these talkfests, so why have them? I give Gaston Browne of Antigua and Barbuda, and Barbados’s Mia Mottley a pass for sheer ...
Read More »US to assess Guyana’s hydropower potential
President Irfaan Ali on Thursday said the United States (US) would be assisting Guyana in jointly assessing its hydro-electricity generation capacity. He told the opening of a Latin America and Caribbean meeting of the International Solar Alliance (ISA) that is one of the outcomes of his recent one-week visit to Washington DC where he held talks with the US Department ...
Read More »Oil spill insurance pegged at US$600 million “per event” – Jagdeo
The ExxonMobil-controlled consortium that is exploring and producing crude oil in the offshore Stabroek Block has agreed to take out a US$600 million insurance “per event” to cater for any oil spill clean-up, even as talks continue for a US$2 billion parent company guarantee, Vice President Bharrat Jagdeo said Wednesday. He told a news conference that consortium named Esso Exploration ...
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