Damages
S3 Ep3 | Unlimited Liability
Mar 28, 2023
Melinda Janki, former in-house counsel for BP, discusses strengthening environmental laws in Guyana. She files suits against the government to block offshore drilling, alleging insufficient insurance coverage. The podcast explores the risks of offshore drilling, lack of oversight in Guyana's oil industry, and Janki's advocacy for a healthy environment.
43:58
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Quick takeaways
- The lack of regulatory capacity and oversight in Guyana's oil industry raises concerns about the potential for catastrophic spills and the need for stricter regulations and safety measures.
- The government of Guyana must prioritize enforcing existing laws, conducting thorough environmental impact assessments, and demanding thorough insurance policies to protect the environment, biodiversity, and economies of neighboring Caribbean countries.
Deep dives
Risks and Mishaps in Offshore Drilling
The Deepwater Horizon disaster in the Gulf of Mexico serves as a cautionary tale for Guyana's offshore drilling projects. The tension between safety and speed in the drilling industry is a recurring issue, and there are concerns that Guyana is following a similar path. The lack of regulatory capacity and oversight in Guyana raises alarm, especially considering the high risks associated with drilling in deep waters. The potential for equipment failure, the handling of gas, and a lack of comprehensive environmental impact assessments contribute to the heightened risk factors. The Deepwater Horizon spill's devastating impact highlights the need for stricter regulations and thorough safety measures in Guyana's oil industry.
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