Daily Archives: 05/03/2021

GUYANA: Gas-to-shore pipeline can be paid for in 5 years – VP Jagdeo

…industrial manufacturing from gas positive externality

The gas-to-shore pipeline being pursued by the People’s Progressive Party (PPP) Government and which it is estimated will cost some US$900 million to build, can be fully paid off or amortised within five years.

This view was expressed by Vice President Bharrat Jagdeo, during a recent presentation with senior representatives of various media houses. He noted that given the millions that will be saved in energy cost per year when the gas-to-shore pipeline is functional, the project can be paid for within five years.    Continue reading

ENVIRONMENT: They are killing our forest- Brazilian tribe warns : BBC News

Two Awa children smile for the camera in 2014

Brazilian President Jair Bolsonaro has asked for $1bn (£720m) a year in foreign aid to reduce illegal deforestation in the Amazon rainforest.

But under Mr Bolsonaro deforestation in the Brazilian Amazon has soared, jeopardising the livelihoods of some of the world’s most vulnerable indigenous communities.

Our chief environment correspondent, Justin Rowlatt, has been trying to find out what this has meant for an Amazon tribe he first met back in 2010.          Continue reading

ENERGY: ‘Insanely cheap energy’: solar power continues to shock the world

Solar is now officially cheapest form of energy – IEA

IEA’s Executive Director, Dr. Faith Birol

May 02, 2021 – Kaieteur News – According to the estimations of the Paris-based International Energy Agency (IEA), solar energy has not only become the cheapest form of energy, but is also poised to become king of global electricity markets.

The intergovernmental organisation which works with countries around the world to shape energy policies for a secure and sustainable future, made this conclusion known in its recent publication of World Energy Outlook 2020. This document is a yearly study that allows the agency to map possibilities for the future.

In the WEO-2020, the agency outlines the “extraordinarily turbulent” impact of the coronavirus on the now “highly uncertain” future of global energy use over the next two decades. The IEA in its highly influential annual outlook offers four global energy “pathways” to 2040, all of which see a major rise in renewables.        Continue reading