Suriname and Guyana – Share the Oil Wealth, Please
In both Guyana and Suriname, there remains considerable work to be done to spread each nation’s wealth.
In both Guyana and Suriname, there remains considerable work to be done to spread each nation’s wealth.
While AMLO’s legacy of centralized power and ambitious social spending provides Sheinbaum with a strong political foundation, her maneuverability is limited by fiscal constraints and a need to foster economic growth.
Si algo queda claro de los incendios, es que Chile no necesariamente afronta una falta de recursos, sino de falta de regulaciones y estrategias para combatir los incendios.
Cobre Panamá indicates that the process of extracting the critical materials is complicated, messy, and disruptive—for all parties involved.
Suriname’s prospects of becoming a petrostate improved considerably in September 2023, when France’s TotalEnergies announced that it is commencing studies for developing a USD 9 billion oil and gas project for the Caribbean country’s offshore fields. This project is expected to revitalize the country’s deeply challenged economy and radically reduce poverty. Yet Suriname, like many of its neighbors in the Caribbean and Latin America, faces climate change challenges and is seeking to transition from a dependence on fossil fuels to renewables.
Experts predict the Yucatan is 15 years away from experiencing a water crisis. These predictions do not account for the Maya Train.
The Caribbean is one of the world’s premier biodiversity hotspots. Coral reefs, seagrass beds, mangrove swamps, and tropical rainforests play a crucial role in the region’s cultural, economic, and ecological fabric.
Given Petrobras’ high profile in the energy sector with proven expertise in low-carbon emission technologies, such as hydropower and biofuel, taking the discussed steps could secure Brazil as a hemispheric leader in green energy and the decarbonization transitions.
The rush to begin deep-sea mining is unjustified and dangerous. Many of the areas targeted for mining are virtually unexplored, and the consequences of mining are unknown and unpredictable.
Climate change and the global energy transition place Latin America and the Caribbean at a crossroads: it can either take a leap forward to become a more prosperous and relevant region, or it can fail and see our human and economic development stagnate.