“Equatorial Guyana and Suriname have combined oil reserves estimated to be 17 billion barrels of oil equivalent. The biggest hurdle to the extraction of these reserves could come from lack of capital … if the international climate-industrial complex takes a strong stand against their extraction plans and their own governments acquiesce.”

The poverty-stricken Caribbean countries of Guyana and Suriname have hit the jackpot with the discovery of huge offshore oil reserves that are on track to produce revenue for decades.

Opposition from the United Nations and other anti-hydrocarbon entities might hamper the pace of production but won’t stop it. The global need for more crude is too great, and the economic situation of the two South American nations is too dire.

Suriname has been experiencing double-digit inflation for a while now (35 percent in 2020).…

“When people driving Teslas tell Africa to turn away from hydrocarbons — it’s immoral, it’s wrong,” [Erik] Prince said. “We have real energy poverty across the continent.” (quoted in Bloomberg Green, 11/11/2021)

Oil, gas, and coal are energies for the masses; wind, (on-grid) solar, and batteries/EVs are for the elite. This theme, while old, is more pertinent than ever with the failures of “green” energy policy in a fossil fuel world. Paul Driessen emphasized it in his neglected book, Eco-Imperialism: Green Power, Black Death (Merril Press, 2010). Vijay Jayaraj emphasizes it today in “Climate Colonialists Disrupt African Pipeline, Perpetuate Poverty.”

Such is completely lost at Hot Take, where Mary Heglar titled a recent piece, “It’s Not Climate Denial, It’s White Supremacy.” But maybe Africa does not count to her.…

Ed. note: This fortnightly Master Resource post excerpts energy and climate material from the Media Balance Newsletter, published every other week by physicist John Droz Jr., founder of the Alliance for Wise Energy Decisions. The complete MBN for this post can be found here.

Of special interest in this issue is Vijay Jayaraj’s report on Asia’s exciting nuclear-energy future, here.

Greed Energy Economics:
Green energy firms the biggest corporate welfare recipients ever
Thank you Senator Manchin — as he Says No on Build Back Better Green New Deal
Here’s how much energy prices rose in 2021
Europeans Face a $395 Billion Hike in Energy Bills Next Year
NYS Playing a Climate Shell Game with NY Ratepayers

Wind Energy — Offshore:
Texas Public Policy Foundation brings fishermen’s lawsuit against Vineyard Wind
Vineyard Wind Harpooned By New Federal Lawsuit
Offshore wind developer tries to calm worries
Oswego County Legislature (NY) formally opposes wind turbines in Lake Ontario

Wind Energy — Other:
Which Country Or U.S.…

“Cutting funding to our Country and our gas projects will condemn us to energy poverty for the next decades. Yes, I understand that climate change is a life or death issue, but so is improving the wellbeing … of Mozambicans…. We need energy and we need it fast.” (Jocelyne Machevo, November 16, 2021)

Accessible, affordable, reliable, sustainable energy is a necessity, not a luxury as in centuries past. And nowhere is this more true than in the developing world. But will the needy get first-class or second-class energy? For the political/intellectual elite wed to climate alarmism/forced energy transformation, wind and solar and batteries are second-class all the way.

This mentality needs to be exposed, challenged, and reversed.

Paul Driessen titled his 2003 book, Eco-Imperialism: Green Power Black Death. Margit Wade’s recent Wall Street Journal piece, “The COP26 Plan to Keep Africa Poor,” began:

As a Senegalese entrepreneur, I can tell you what’s holding Africa back: lack of affordable energy.