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Climate Change

Divestment in oil industry adding to global pollution problems

Transfer of green tech to sector slows as Chinese, Russian firms takeover

Air quality in Basra, Iraq is extremely poor as oil refineries continuously flare toxic gas.   © Reuters

DUBAI -- Concerns are growing over the oil industry's lack of decarbonization efforts in the Middle East and Africa amid few technology transfers needed to reduce greenhouse gasses and more rapid U.S. and European divestment in the sector.

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