Guyana shares 'Big Oil' billions with First People!
Feb 24, 2023 12:15 am
- click for image -
https://tinyurl.com/yp57utrt
THE Government in Guyana has decided to make 15 per cent of its multi-billion-dollar carbon credits payments from Hess Corporation, totalling US$22 million or GY$4.7 billion, directly available to 241 Amerindian villages, to fast-track their development and upgrade their ability to better care for themselves with State assistance.
The carbon credits share is only part of an overall $35-billion (US$166-million) much-improved package the Government has budgeted for 2023 Amerindian expenditures.
Each village will receive between GY$10 million and GY$35 million, but while village leaders have been asked to establish bank accounts, the funds will be released only after villagers meet and decide on what's to be done with the money.
However, the bigger picture is Guyana being the first oil-based economy in Latin America and the Caribbean to enter into an agreement with a major oil company to pay carbon credits — and allocate a dedicated 15 per cent share to the nation's indigenous communities.
More:
https://www.jamaicaobserver.com/business/guyana-shares-big-oil-billions-with-first-people/
= new reply since forum marked as read
Here in Canada is what First Nations got:
Pipeline explosion Prince George, BC, 2018 - affecting FN communities:
https://globalnews.ca/news/4531677/prince-george-fire-evacuation/
Arrest / Intimidation by RCMP, 2019:
https://images.thestar.com/9gyBaq-gX3bwk6AFHcCurGhS_1U=/1086x724/smart/filters:cb(2700061000)/
https://www.thestar.com/vancouver/2019/01/16/provinces-biggest-public-sector-unions-slam-rcmp-action-in-wetsuweten-standoff.html
Our PM is working hard to improve things though, but he has a lot of landmines left over from the last Con gov't to deal with.
