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U.S. Throws Down the Gauntlet at COP28 with New Methane Rule and $3B Pledge to Cut Emissions

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Gas flaring

HHakim

The U.S. delegation at the COP28 climate summit in Dubai came out swinging by unveiling a final methane rule for the U.S. oil and gas industry, focusing on tightening regulations to curb methane leaks and prohibiting routine flaring of natural gas produced by newly drilled oil wells The historic summit is also seeing the United Nations fund taking shape to compensate poor countries for climate-related damage, marking a significant step forward in global climate action.

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