Thanks for the link. That's an interesting article and not (quite) as depressing as the headline would suggest.
The oil industry (really resource extraction industries in general) is problematic, and the article highlights many factors which make it difficult to avoid problems when you have explorations in poorer countries, but I appreciated that the article was genuinely informative and not just a criticism of the fossil fuel industry.
Are new nicknames for Mossy Character a renewable resource?
Mossimo Chossico is the Cosco of longreads, shipping worldwide.
It's helpful that my youngest's name also starts MOS so I am constantly riffing on that starting sound.
I have a friend from Guyana who has been very excited about this. He's worried about corruption, sure, but its also a massive opportunity for a country that is severely underdeveloped even by Caribbean standards. The rate of growth next year was recently projected at about 80% of GDP, although I think that may have been scaled back to around 40%.
I think Suriname just found some oil too.
There are big fossil finds popping up all over - Cyprus, Israel, Mozambique, Uganda, DRC.
Needless to say I'm horrified. My friend's first post after that Iranian general getting killed was glee about the oil price going up.
In other news, a corrupt incompetent populist misogynist with the active backing of a hostile foreign power ran against a low-charisma female technocrat and she crushed him like a bug.
https://en.mercopress.com/2020/01/11/major-oil-discovery-offshore-suriname-next-to-guyana-s-prolific-stabroek-s-block
Federal United Party (FED-UP)
In a better world we would pay these countries to leave their oil in the ground.
Didn't Ecaudor or somewhere try that?
I don't know about paying to leave oil in the ground, but Brazil was paid to not burn down the rain forest. And that worked great for a while until Brazil decided, no, we would rather burn down the rain forest.
||
Michael Bloomberg and Judge Judy were in San Marcos yesterday for lunch. The world is a weird place. I was going to say it may be the first time a presidential candidate has been here, but then I remembered Beto and Castro and W. and LBJ. But it still surprised me.
|>
Somebody in my Facebook keeps liking him so I see his ad. Maybe she for a discount on news for liking him.
I'm pretty sure my Facebook friend isn't racist, but she does live in Iowa and is perpetually posting various Democratic Party events.
https://www.nytimes.com/2020/03/06/world/americas/Guyana-election.html
https://www.reuters.com/article/us-guyana-election-idUSKBN20V11M