Tag Archives: true cost of Exxon’s oil bonanza- in Guyana

GUYANA: OIL: ‘We can’t eat a new road’: Guyanese voice fears over true cost of Exxon’s oil bonanza- Opinion

The Guyanese environmentalist Arnette Arjoon alongside fishing boats docked at Liliendaal, Georgetown.
Over time, the Guyanese environmentalist Arnette Arjoon grew to suspect Exxon was indifferent to the dangers of an oil spill to the coast and rivers of one of the best preserved parts of the Amazon biome. Composite: Fidal Bassier/Guardian/Reuters

Multibillion-dollar deal promising to lift country out of poverty may be false dawn with dire impact on climate, warn campaigners

– The Guardian – Thu 12 May 2022 12.04 BST

Annette Arjoon is not anti-oil. The marine conservationist calls the vast new oilfields off Guyana’s coast a “blessing” that will earn billions of dollars for one of the poorest countries in the Caribbean, even as she recognises that pulling yet more fossil fuel from the ground will deepen the climate crisis.

But Arjoon does have a problem with who is drilling the oil. She has seen firsthand what happens when the US’s largest petroleum company descends on a small country bearing the promise of riches.                  Continue reading

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