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


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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