Podcast: Exploring Transparency for Oil and Gas ExtractionTweet
December 4, 2013
Every year, energy companies extract billions of dollars worth of natural resources from public lands, but are they paying the right amount of royalties?
The Extractive Industries Transparency Initiative (EITI) is a global effort to increase transparency and accountability in natural resources revenue management. The EITI standard requires oil, gas, and mining companies to publish what they pay and the government to publish what they receive. The goal is to ensure that the numbers match and that citizens get every cent they deserve for natural resources extracted from public lands.
In this podcast, the Project On Government Oversight’s Mia Steinle talks about POGO's involvement in EITI and the hurdles the initiative faces in its goal of increased royalty transparency for oil, gas and hard rock minerals.
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Image by Andre Francisco.
Andre Francisco is the Online Producer for the Project On Government Oversight.
Topics: Energy and Natural Resources
Authors: Andre Francisco
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