Dear Editor, I refer to your article, ‘Gov’t seeking up to US$2B insurance coverage from Exxon for Yellowtail project’, 04 November 2021. The Liza, Payara and Yellowtail oil wells are around 18,000 feet deep in the rocks and under 5-6,000 feet of Atlantic water. BP’s Macondo well in the Gulf of Mexico in 2010 was…
In response to his letter published in the Stabroek News on 1 November 2021, I invite Jonathan Yearwood to listen to what I said at the Hearing on Extractive Industries, Climate Justice and Human Rights in the Caribbean convened by the Inter-American Commission on Human Rights (IACHR) on 26 October 2021. In the recording he…
Of all the energy possibilities, solar power is now the best for Guyana. It is the least expensive, will put power in the hands of the ordinary man, and is blindingly simple. Let us take each of these in turn. Generation If US$900M has to be found for the 165 MW Amaila Falls Hydropower Project,…
Imagine that you were lucky to be awarded a house lot. You hire a contractor company to fence off your plot of land and you intend to use them to build your house. But on review of the bill for the fencing, the numbers don’t add up. You will be outraged and will seek to…
Guyana is often mentioned for less than stellar reasons. There’s Jonestown (‘(s)he drank the Kool Aid’), rigged elections, the poorest country after Haiti in CARICOM and Latin America, the costliest failed infrastructural project in CARICOM (US$250M Skeldon sugar factory), and failed or captured regulatory agencies. Standouts among the latter was the Guyana Elections Commission (GECOM)…
According to a notice on the Guyana EITI (GYEITI) website (www.gyeiti.org), Guyana is undergoing its first validation visit which started on October 1. The EITI based in Norway will give Guyana scores on 3 indicators: stakeholder engagement, transparency, and outcomes and impact, using the scale – not met, partly met, mostly met, fully met, and exceeded. This…
I noticed in today’s paper three full-page ads in newspapers, celebrating Caribbean Statistics Day under the theme, “Leave No One Behind…Everyone Counts.” There were messages by “Senior Minister of Finance” (no longer Minister within the Presidency?), the Chairman of the Bureau of Statistics Board, and the CARICOM Secretary General. The Senior Minister said, “Government recognizes…
What do we value as the oil and gas juggernaut rolls on? On your way to or from Guyana’s international airport at Timehri you travel on the East Bank Demerara road. Every mile or so, a small billboard displaying the village name will flash past your eyes. 29 kms from Georgetown and 10.5 km from…
Imagine if you drive your car to an Esso gas station and fill your tank with US$27.20 in gas. Then you decide to pay the cashier only US$20 for your gas and you walk out. The police would soon track you down for robbing the franchise owner of that Esso location. Hence, it is puzzling…
Guyana now has an oil purse of US$436 million dollars in a foreign bank that mysteriously sits untapped in a period of our greatest need. We are in the midst of a deadly pandemic; one the world hasn’t experienced since the Spanish Flu of 1918 that took an estimated 20 to 50 million lives. We…
