Jan Mangal, energy consultant and former petroleum advisor to the president of Guyana: “The proposal implies the ‘energy’ alliance is an ‘oil & gas’ (O&G) alliance, but energy is not only O&G. Why are these Caribbean leaders looking backward to O&G, and not looking forward to renewable energy? Trinidad & Tobago (T&T) failed to benefit from its traditional oil industry, and it failed to benefit from its more recent gas (LNG) industry. So why would rekindling its O&G industry lead to anything but failure? There is, however, a role for Guyana in creating an alliance. Instead of giving billions of dollars to ExxonMobil, Guyana could pump billions into a regional fund focused on the Caribbean (akin to a Caribbean Sovereign Wealth Fund), and focused on helping the island states prepare for climate change, improving resiliency and…”
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Carl David
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Jeffrey Davidow
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Jonathan C. Hamilton
Partner,
White & Case
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Arnold & Porter
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Monarch Global Strategies
Jorge Kamine
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Willkie Farr & Gallagher
Craig A. Kelly
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Exxon Mobil
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