Macro Finance
Why Gas Flares Keep Burning Despite Big Oil’s 2030 Pledges
Bloomberg Markets·October 6, 2026·1 min read
A Bloomberg News and The Examination investigation found persistent gas flares at sites tied to oil companies participating in the World Bank's Zero Routine Flaring initiative, including ExxonMobil and Occidental Petroleum. West Texas residents report noise, odors, and health concerns. The companies have pledged to reduce flaring but the investigation shows flames continue.
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