Exxon’s Oil Drilling Gamble Off Guyana Coast Could Turn Country from a Carbon Sink to a “Carbon Bomb”
Posted on AllSides August 30th, 2021
From The Left
Despite desperate climate warnings against new fossil fuel development, ExxonMobil is pursuing a massive new oil project in Guyana that is projected to be the corporation’s largest oil production in the world. A new investigation by Antonia Juhasz, a longtime oil and energy investigative reporter, reveals the project will release 125 million metric tons of carbon dioxide per year, turning Guyana from a carbon sink into what she says could be a “carbon bomb” and posing major environmental risks.