Reference is made to Joel Bhagwandin’s letter in Stabroek News (July 10, 2023) entitled `Bulkan’s position, supported by Brandli, that the sale of carbon credit is fraudulent is preposterous’. The letter requires a swift response given that several falsehoods are expressed by the author. Claim 1: “The infamous Oil and Gas Governance Network (OGGN) is…
Dear Editor, I hope that Joel Bhagwandin knows that plants/trees convert atmospheric carbon dioxide into leaves and wood and roots, and also respire carbon dioxide back into the atmosphere as they generate their energy for survival and growth; see his letter ‘The sale of carbon credits to offset carbon emissions does not breach the Amerindian…
Dear Editor, Reference is made to Mr. Joel Bhagwandin’s letter entitled `The sale of carbon credits to offset carbon emissions does not breach the Amerindian Act’ (see Stabroek News, July 4, 2023). The author is colossally missing a key point of the carbon credit trade business and he is falling short of understanding the arguments…
Former EPA chief Dr. Vincent Adams has said many times that Full Liability Coverage (FLC) as enshrined in the permits, equals insurance plus a parent company guarantee to cover “any” costs above insurance. In mathematical parlance: Full Liability Coverage = Insurance + Parent Company Guarantee for all remaining costs. Parent Company Guarantee is simply a…
