Hess Corporation and the Government of Guyana Announce REDD+ Carbon Credits Purchase Agreement
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Friday, December 2, 2022
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Hess Corporation (NYSE: HES) and the Government of Guyana today announced an agreement for Hess to purchase high quality carbon credits for a minimum of $750 million between 2022 and 2032 directly from the Government of Guyana.
Key Points:
- Hess Corporation (NYSE: HES) and the Government of Guyana today announced an agreement for Hess to purchase high quality carbon credits for a minimum of $750 million between 2022 and 2032 directly from the Government of Guyana.
- Guyanas President, Dr. Irfaan Ali was joined today by Vice President, Dr. Bharrat Jagdeo and John Hess, CEO of Hess Corporation for a signing ceremony to commemorate this historic agreement.
- The agreement adds to the companys ongoing and successful emissions reduction efforts, which are described in Hess annual Sustainability Reports .
- And of course, I thank John Hess and the Hess Corporation for their continued partnership with and commitment to Guyana.