The EIA as structured by Exxon is deficient in key areas

Aug 31, 2017 Letters

Dear Editor,
At risk of stating the obvious, it is clear that the Environmental Impact Assessment (EIA) structured by Exxon as outlined by the Ministry of Infrastructure is deficient in key areas that protect and reduce the risk for Guyana. A slim chance of a spill needs to be quantified and qualified especially given the experience level of those involved. It appears to be too high of a risk considering the 2% revenue agreement. With no protections in place to compensate those affected by a spill reduces the earnings to be gained by this endeavor in the oil and gas sector.
Keeping in mind that there is a high level of risk at the start up of this operation, the elements of
1. detailed response measures with a clear outline of how the EPA and Exxon will conduct repairs and clean up
2. compensation to those affected including neighbouring countries as outlined by the Ministry are not nice to haves, but must haves in the EIA before they go ahead is given in the initial 450,000. These elements and associated costs should also be inclusive of lost income due to the negative impact on the ecotourism industry.
All of these costs must be included in all financial models, so as to clearly outline the downside scenario in the event of a spill occurring and oil reaching the coast. This will better inform the government in its decision making and also better inform the negotiations being undertaken. Any compensation to be gained from an agreement with Exxon should be far above and beyond the cost associated in the event of a spill reaching the coast and must cater for the worst case scenario.
If we are to take the weakness of the EIA at face value, it becomes clear that Exxon is not looking after our best interest in this deal and is not seeking a win-win agreement. It would better serve the interests of both parties involved in the negotiations to be focussed on the restructuring of the EIA. Exxon is also developing there alternative energy portfolio and would be negatively impacted in the event of an oil spill. It is very disappointing that Exxon has not taken this opportunity to help Guyana pursue a green economy by aggressively providing environmentally friendly energy alternatives.
We know that the wind alternative for Guyana is a strong option off the coast that could provide a surplus of energy for Guyana. This is an important option to pursue, and it will quickly reduce the level of national income spent on the importation of oil for power generation. Exxon is missing their opportunity to help lead the transition to alternative energy sources. We should be partnering with the companies that are serious about increasing the use of alternative energy sources.
Jamil Changlee

Discover more from Kaieteur News

Subscribe to get the latest posts sent to your email.

Latest News