Daily Archives: 12/03/2022

GUYANA: Oil giant Hess paying Guyana US$750M for saving forests

12/03/2022 – 8:00 am

MONEY FROM: EXXON’S PARTNER- HESS CORPORATION

President Dr. Irfaan Ali announced on Friday that the Hess Corporation will pay Guyana US$750M for saving the rainforest through a special carbon credits scheme. Hess will buy 2.5 million carbon credits annually, covering 2016-2030.

The door is open for Guyana to gain hundreds of millions more as on Thursday, Guyana became the first country to get special carbon credits issued to it by the Architecture for REDD+ Transactions (ART).

ART is a global initiative that seeks to incentivize governments to reduce emissions from deforestation and forest degradation (REDD), as well as restore forests and protect intact forests.            Continue reading →

By guyaneseonline | Posted in Business | Comments (0)

USA- IRS Warns Of New $600 Threshold Coming Jan 1st. 2023 (MASSIVE Tax Grab)

12/03/2022 – 6:09 am
By-Neil McCoy-Ward – 375K subscribers

By guyaneseonline | Posted in Business, Commentary, Economics/Finance, Emigration/Immigration, USA Politics and Economy | Tagged | Comments (1)
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