OGGN Members

For the attention of Board chairman James H Quigley, Chief Executive Office John B Hess, and shareholders in the Hess Corporation Via Lorrie Hecker, Vice President for Communications, e-mail lhecker@hess.com Subject: Queries about the purchase by Hess Corporation of jurisdictional carbon credits from the Government of Guyana We refer to your Press statement dated December 2, 2022,…

On 1 December, Winrock International and The Architecture for REDD+ Transactions (ART) published the news on their websites that Winrock’s Architecture on REDD+ Transactions (ART) had issued the world’s first TREES credits to Guyana, a total of 33.47 million carbon credits. The oil company Hess Corporation announced on the same day that it had purchased or intended to purchase 37.5…

We Guyanese have been selling our natural assets to foreigners for five hundred years or more, from red annatto for dyeing cloth, now to oil for powering vehicles.  On 01 December 2022, the government announced a new version of a scheme for monetizing our forests – ‘jurisdictional forest-based carbon credits’.  This idea has been tried…

Deputy Speaker of the National Assembly, Mr Lenox Shuman, listed some of the functions of the National Toshaos Council that are set out in the Amerindian Act 2006. He then writes, ‘the NTC, by the stroke of a pen and the endorsement by the entire NTC at the last conference, has endorsed one of the…

On 01 December 2022, Winrock/ART (Architecture for REDD+ Transactions) announced that it has issued 33.47 million jurisdictional carbon credits to Guyana, representing saved carbon in the forests of Guyana. Closely following the Winrock/ ART announcement, the Hess Corporation oil company (30 per cent co-venturer in the offshore Stabroek Block, and so a co-generator of huge…