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  • Many hydrocarbon producers are making policy progress to fight climate change and prepare for the energy transition, despite major global macroeconomic and energy market headwinds. Elections in Australia, Brazil and Colombia saw victories by new, more climate friendly governments, while new US policy could reduce emissions. COP27 saw several new net-zero pledges and emissions reduction targets, with methane a particular focus. However, many key challenges remain, including questions about financing that will have to be addressed if countries are to meet their ambitious goals.
    Mon, Nov 28, 2022
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