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Research shows oil field flaring emits methane five times greater than expected.
US oil and gas companies emit at least 1.3 billion tonnes of methane per year, according to a report by Environmental Defense Fund. Methane, a greenhouse gas, contributes to global warming and packs a bigger short- term punch than even carbon dioxide. Former US Vice President Al Gore said the country’s oil and gas industry…
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Developing nations will be in need of financial aid to cope with climate change.
As the United Nations climate conference opened in Egypt on Tuesday, the most critical discussions will likely focus on the soaring costs of limiting and adapting to global warming, especially in the world’s most vulnerable countries. The bloc will push for funds to help developing countries adapt to droughts, floods and other climate-related events as…