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Solar Eclipse Economy is Booming & CA Fast-Food Minimum Wages Rise
Morning Brew Daily
Balancing Economic Development and Environmental Conservation
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Guyana, a small and relatively less affluent country, recently discovered massive oil fields which have the potential to bring economic prosperity. However, Guyana is also known for its abundant rainforests and low deforestation rate, making it a carbon sink. The President of Guyana defended their position in a viral interview, highlighting their environmental contributions and expressing frustration at being lectured by the Western world on climate change, given their newfound economic opportunity with oil fields. The oil discovery is reshaping Guyana's economy, leading to a substantial growth of 67% in 2022.
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