Latest update April 10th, 2025 1:57 PM

Guyana's largest selling daily and New York's most popular weekly

Latest News

Low Carbon Development Strategy highly unlikely

Jun 25, 2009 Letters

Dear Editor,
The development of a Low Carbon Strategy by Guyana is commendable, but the success of this strategy seems to be highly unlikely.
The industrialised world seems to be more focused on policy intervention to reduce greenhouse gas emissions. Both developing and developed countries are concerned about the deadly effects of climate change and support efforts to mitigate the harsh effects of climate change, but their actions to do so are different.

Developed countries are more focused on reducing greenhouse gas emissions, while developing nations are focused on establishing strategies to combat climate change, which involves battling poverty and contributing to their development and growth, which seems to be secondary for developed countries.
Presently, Beijing is pressuring China to commit to hard numbers on greenhouse gas emission, while the United States is urging China to focus on renewable energy. The United States also prefers to focus on reducing greenhouse emissions through regulating industries, rather than financing standing forests for carbon credits. The US is attempting to bring together industry leaders to form working groups to share best practices to reduce greenhouse emissions. In Bali, the US pushed issues like sustainable forestry, and improved access to clean technologies.
The lesser developed countries are hesitant to commit to finance standing forests because proceeds can be used for their own domestic development rather than throw it towards the development of other developing nations.

There is also debate among the industrialised countries on establishing a ceiling on greenhouse gas output and to focus on low carbon growth. The investment in renewable energy, creating fervor for wind and solar power, seems to be priority in these countries. Attention is given to the ‘green stimulus measures’ which lay the groundwork for the promotion of development, fostering long-term economic growth using clean, innovative, resource efficient, low carbon technologies and infrastructure.
Japan stated that any new agreed framework must include all major emitting countries, if there is to be any success in ridding the world of greenhouse gas emissions. Japan presented a three-point proposal: (1) all major emitters must participate in the new framework for global reduction of emissions; (2) the framework must be flexible and diverse, taking into account the circumstances of each country; and (3) it must ensure compatibility between environmental protection and economic growth by utilising energy-saving devices and new technologies.

The Copenhagen agreement expected in December will succeed the 1997 Kyoto Protocol; the Copenhagen agreement would require 37 industrial nations to cut their emissions by a total of 5 percent from 1990 levels; but the Copenhagen discussions place limited priority on developing nations, including Guyana.
It appears therefore that since Guyana is not likely to benefit from any carbon revenues, then the Government needs to urgently fast track other income-generating avenues to improve Guyana’s development.
R. Budram

Similar Articles

The Glenn Lall Show|| April, 7th, 2025

Follow on Tik Tok @Glennlall

THE BLUNT OF THE DAY

Sports

Two more young cricketers benefit from Project “Cricket Gear for young and promising cricketers in Guyana”

Two more young cricketers benefit from Project “Cricket Gear for...

Apr 10, 2025

Kaieteur Sports- Tamesh Deonandan and Danellie Manns, male and female respectively, are the latest to benefit from this joint initiative between Anil Beharry of Guyana and Kishan Das of the USA....
Read More
NSC receives sports uniforms from D8Door & Hardware Inc.

NSC receives sports uniforms from D8Door &...

Apr 10, 2025

Daram Seeram slams 99 not out for Hibernia Strikers in ESCL T20, Over-40 Competition

Daram Seeram slams 99 not out for Hibernia...

Apr 10, 2025

Guyana renews bid to host 2026 CARIFTA Games

Guyana renews bid to host 2026 CARIFTA Games

Apr 10, 2025

Adams, Ramsammy, Williams register impressive performances

Adams, Ramsammy, Williams register impressive...

Apr 10, 2025

AAG names record-breaking 42 athletes for 2025 CARIFTA Games

AAG names record-breaking 42 athletes for 2025...

Apr 10, 2025

Features/Columnists

Publisher’s Note

Freedom of speech is our core value at Kaieteur News. If the letter/e-mail you sent was not published, and you believe that its contents were not libellous, let us know, please contact us by phone or email.

Feel free to send us your comments and/or criticisms.
Contact: 624-6456; 225-8452; 225-8458; 225-8463; 225-8465; 225-8473 or 225-8491.
Or by Email: [email protected] / [email protected]

Weekend Cartoon

Bridge Watch

Demerara Harbour Bridge

> Berbice Bridge […]