Exxon to consider buying carbon credits from Guyana

Alistair Routledge

While Stabroek Block partner Hess has  inked a US$750 million carbon credits deal with Guyana, co-venturer ExxonMobil said a similar agreement is among many considerations for how the company would seek to manage climate change. 

“ExxonMobil is looking at lots of different ways to manage climate change and this is always going to be one of the considerations,” ExxonMobil Guyana Country Manager Alistair Routledge told reporters on Friday following the signing of the carbon credits agreement between Guyana and Hess.