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Published 3 months ago

Major oil and gas companies agree to cut down methane emissions at COP28

  • Fifty oil companies, including major national companies such as Aramco and Petrobras, have pledged to reach near-zero methane emissions and end routine flaring in their operations by 2030.
  • The pledge does not address Scope 3 emissions caused by end users. Companies are urged to research solutions to reduce these emissions.
  • Over 100 countries have also committed to tripling the world's installed renewable energy capacity by 2030.
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