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Tapping Australia shale would worsen carbon emissions: Study

Bloomberg Opening up a potentially huge shale gas region in Australia’s Northern Territory would increase the country’s already-hefty greenhouse gas emissions making it a “particularly dangerous” contributor to climate change, according to a new study. The report, commissioned by environmental lobby group Lock The Gate, tested a range of scenarios for development of the McArthur Basin and Beetaloo sub-basin, which ...

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Pakistan’s tycoons offer to take over former Barrick mine

Bloomberg Pakistan’s top business tycoons have offered to take over a disputed copper and gold deposit that was once explored by Barrick Gold Corp. and Antofagasta Plc, according to people familiar with the matter. Officials at the provincial Balochistan government are said to have met with a consortium of four business groups including tycoons Arif Habib and Muhammad Ali Tabba ...

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Impeachment probe: Trump gets no respite after US raid

Bloomberg President Donald Trump scored one of the biggest successes of his presidency with the killing of an IS leader, yet the battlefield victory isn’t likely to blunt the momentum of Democrats moving closer to impeaching him. The inquiry led by three House committees resumed with another slate of witnesses, even as the country absorbs Trump’s dramatic announcement of the ...

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