Guyanas Dream to Be a Green Oil Producer

SAN DIEGO, USA, Nov 27 (IPS) - Long before the transformative discovery of its offshore oil in 2015, Guyana had made a strong pledge to decarbonization and climate action as set forth in its Low Carbon Development Strategy (LCDS) 2030. The development of its oil industry has led to remarkable economic growth in Guyana, including a 62.3% growth rate in 2022.

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