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In November 2009, Guyana made a deal with Norway, which agreed to pay up to 250 million dollars over the course of five years if Guyana maintained its low deforestation rate. The country has been lauded for its low-carbon development path. (Credit: Desmond Brown/IPS)

Guyana’s new oil fields both blessing and curse

By Desmond Brown  GEORGETOWN (IPS) — The recent discovery of large volumes of oil offshore of Guyana could prove to be a major headache for the country, as the Caribbean…

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