Dear Editor,
The recent rise in prices in the carbon trading market is a great sign of the potential opportunity for Guyana to further leverage its carbon capture capabilities. Germany for example is placing more emphasis on the use of bicycles to reduce emissions, recognized to be one of the cheapest ways to cut carbon. Our budget’s developmental strategy should look at ways to leverage these green economy trends including incorporating safe bicycle lanes as part of new road construction designs. Our government should participate in the emissions trading market as well. Exxon’s negative approach between its operations and the environment is unfortunate, if this is a sign of what is to be expected in an oil spill, our country should seriously consider a different partner and approach to the exploitation of our resources. The entire world is moving away from fossil fuels by pivoting towards clean energy strategies. Guyana appears to be accelerating in the opposite direction. Our leaders of today and tomorrow need to quickly reverse this detrimental trend and increase our country’s support for a low carbon green developmental strategy. Our budget must clearly reflect this ambition.
Best regards,
Jamil Changlee