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Even as Egypt Hosts Climate Summit, Selling Fossil Fuels Is a Priority

The New York Times · Vivian Yee · last updated

Desperate for cash as the fallout from the Ukraine war batters its economy, Egypt has been conserving natural gas at home to sell to Europe.

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State of Play

The United States achieved net energy independence in 2020, but that has not insulated the nation from the roiling of energy markets in the wake of the Russian invasion of Ukraine. Europe has been a large consumer of Russian natural gas, and the effort to wean itself, with the help of the United States, has strained markets and endangered global efforts to address the climate crisis.

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