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Biden Administration's Climate Initiatives
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COP28: Climate Leadership and Commitment...
COP28: Fossil Fuels and Renewable Energy
COP28: Renewable Energy and Methane Cont...
Biden Administration Regulates Methane E...
Biden's LNG Decision Under Scrutiny
COP28 Climate Summit Faces Overtime as C...
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The Biden administration unveiled final rules at COP28 to reduce U.S. oil and gas methane emissions by 30% by 2030, aiming to prevent 58 million tons of methane from reaching the atmosphere between 2024 and 2038, with estimated climate and health benefits of up to $7.6 billion a year through 2038. The rules ban routine flaring of natural gas, require monitoring for leaks, and establish a program to detect large methane releases.
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How do these climate initiatives align with broader global efforts to address climate change?
How might the final rules impact the oil and gas industry's operations and investments?
What are the potential implications of the pledge to triple renewable energy on global energy markets and international financial institutions?
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