By Jomo Paul
[www.inewsguyana.com] – The issue of high energy costs being a significant detractor investment in Guyana is high on the agenda of the political Opposition should it be elected into office after the May 11 scheduled elections.
This is according to Leader of the Opposition, David Granger, who was at the time speaking during his appearance on the radio programme, ‘Hard Talk’ aired on 90.1 Love FM on Sunday, February 15.
Granger made the comments before the coalition was formed between A Partnership For National Unity (APNU) and the Alliance For Change (AFC).
He said contrary to what is widely being peddled, the Opposition has never opposed the development of the Amaila Falls Hydropower Project.
He noted that Guyana has good potential to diversify into several areas of energy which includes bio-fuel and solar energy, which is not being sufficiently mined for the development of Guyana.
“We did not ever resist hydropower development…We resisted a flawed project…the money kept being paid, being asked for, just kept on increasing and increasing and we were not being told the truth,” said Granger.
He said that Guyana has several other avenues available to pursue hydropower and other sources of renewable energy which need to be explored.
Granger pointed out that lower energy costs would do well to attract foreign investment to Guyana but noted that foreign investment would not be channeled in its conventional routes.
According to the Opposition Leader, facilities need to be put in place to boost the advent of value added not only in the extractive sector but also in the forestry sector where Guyana has overwhelming potential.