COP27 deal puts U.S., wealthy countries on the hook to pay for pollution

Nov. 21, 2022 8:20 PM ETEnergy Select Sector SPDR ETF (XLE), XOPOIH, VDE, CRAK, GUSH, DRIPBy: Carl Surran, SA News Editor37 Comments

Gas flaring

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The world's poorer countries won an agreement Sunday at the United Nations COP27 climate summit in Egypt calling for the U.S. and other wealthy countries to create a fund for climate-related damage.

The fund would initially draw on

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