ExxonMobil’s massive new oil project in Guyana, which is thousands of miles away, projected to be the corporation’s largest oil production in the world, coming despite desperate climate warnings against new fossil fuel development, Guyana currently a carbon sink? So, you say it’s at risk of turning into a carbon bomb. And then relate it to what we’re seeing in the Gulf.
Exxon has said that it’s committed to helping meet to Paris climate goals of reducing global warming 1.5 degrees Celsius above preindustrial levels. It has said that it is aware of the climate crisis and, you know, is taking steps to reduce things like flaring of methane and to move into a less carbon-intensive model of production. At the same time, it is, through this new project in Guyana, turning a country that was a non-oil producer, you know, right now, into a massive oil producer, with a prediction of 9 billion
— source democracynow.org | Aug 30, 2021