Jul 8, 2025 06:00 PM America/Port_of_Spain
Guyana is producing oil, creating fossil fuel contributions to global warming, and at the same time it has a massive carbon sink. When the Caribbean nation of Guyana – a country of 83,000 square miles (214,969 square kilometres) situated to the north of the South American mainland – produced its first oil in December 2019, economic growth predictions skyrocketed. With the Stabroek block widely regarded as the most significant oil discovery of the past decade, with more than 11 billion recoverable barrels of oil resources, Guyana has since surpassed all projections, and much more is expected from the world’s newest petro-state. How will this extraordinary economic boon impact Guyana and its 835,000 people, and how does it mesh with the country’s well-known commitment to sustainability and climate change concerns? Professor Ivelaw L. Griffith, a former senior associate with the Centre for Strategic and International Studies, fellow at the Caribbean Policy Consortium, and former vice chancellor of the University of Guyana, addresses these questions in his latest book, “Oil and Climate Change in Guyana’s Wet Neighbourhood: Probing Promise and Potential Peril.
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