Latest update October 26th, 2026 10:20 AM
May 08, 2024 Editorial
Kaieteur News – Guyanese born Professor, Dr. Ulric Trotz has made it clear that the compensation that ExxonMobil pays this country for flaring gas into the atmosphere and environment does not do much to help repair damage done.
We agree, for when ExxonMobil has handed over its money, it is still woefully short of what Guyana needs to set things right in its still virginal environment. Further, as penalties go, there is much left to be desired. Too much more room is given to the oil behemoth to pollute at will.
Since Dr. Trotz is a known and highly regarded authority, it would be interesting if the PPPC Government and its always ultra-sensitive leadership gives free rein to their propagandists to go after him in efforts to diminish his record and his name. We think that will do two things, of which one is to lend more muscle to what Dr. Trotz is saying, and the other is keeping the flaring issue before the public.
The government is caught in a bind. If it were to let what Dr. Trotz placed before the world go unaddressed, he could take stronger and sharper positions on this gas flaring issue, and the negligible slap on the wrist fee enjoyed by the company for its actions. Also, it will encourage others of like or close stature to Professor Trotz to weigh in on what ExxonMobil has been greenlighted to do by the government. To make matters worse, if in some unexpected instance of prudence, the PPPC brain trust decides to leave what this Guyanese scientist said, it adds credence to the position that he has staked out.
Looking at this flaring issue clinically, a fee or fine of US$50 per tonne of carbon dioxide equivalents is a joke, so meaningless it is in the bigger picture. For ExxonMobil, US$50 is not even a droplet in its big cash bucket. It is a halfpenny quickly paid and still more quickly forgotten for all the financial pinch that it created for this multibillion-dollar oil supergiant. US$50 per tonne of dangerous emissions is not a deterrent for a corporation with the strength of ExxonMobil. It does the opposite: it incentivizes the company to continually ratchet up its daily oil production numbers at its offshore oilfields, which leads to more flaring and damaging of the environment.
Has this not been the case with ExxonMobil, where even the recommended production safety limits have been exceeded almost rather recklessly? To some extent, it could be said that the laughable US$50 fee is more of a nuisance for ExxonMobil than a negative, so meaningless it is. We note that a component of the gas flared by ExxonMobil is methane, which is 28 times more harmful than carbon dioxide, according to the US Environmental Protection Agency. The fact that there is an international agreement in place to cut methane pollution from oi production activities should give the government pause. What is revealing is how casual and contemptuous the leading government spokespeople have been about concerns such as these.
It is frightening to contemplate how much leeway the company has been gifted, and the consequences for the environment that follow, forest cover and carbon sink or not, and with both given their proper due. Dr. Trotz said it, and we totally agree that whatever ExxonMobil is paying today, and could be increased in the future, it will not be enough to compensate for the damage inflicted on the environment. Oil production activities have been allowed to flourish globally because they mean so much to energy demands and many national economies. Some governments have forced oil companies to take many precautions to reduce gas flaring emissions into the environment. The fears about damage are at a fever pitch, yet the Government of Guyana could be said to be a willing party to the flaring excesses of ExxonMobil in its headlong rush to maximize its profits from its local offshore oilfields. For emphasis, US$50 per tonne of emission is nothing, and does nothing to guard the environment from being further damaged. Take gas flaring seriously, be aware of this country’s role, put caps on how much ExxonMobil is allowed to flare, and monitor what the company does.
Subscribe to get the latest posts sent to your email.
Oct 26, 2026
(Kaieteur News) – Guyana’s athletics team underlined its dominance at the 2026 Inter Guiana Games (IGG), producing a series of commanding performances at the Andre Kamperveen Stadium in...Oct 26, 2026
(Kaieteur News) – There is an uncomfortable question that ought to be asked of the Global Biodiversity Alliance (GBA). When a country has already received payment for conserving its forests through carbon credits, on what basis can seek additional compensation for keeping the biodiversity within...Oct 25, 2026
By Sir Ronald Sanders (Kaieteur News) – On 19 October, accepting the award of Ukraine’s Order of Merit, I said that my commitment to Ukraine rests on a principle essential to small nations everywhere: sovereignty is the freedom to govern ourselves, preserve our identity and decide our future....Oct 26, 2026
(Kaieteur News) – The Jagdeo Proposition is on the table. It’s the Sabbath. Sometimes they extend to Monday. time of introspection, then connection to upstairs. What better time to give Dr. Jagdeo’s offer some careful consideration? Politics or purity of purpose… Timely,...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: glennlall2000@gmail.com / kaieteurnews@yahoo.com