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Bloomberg
Financial

Why Gas Flares Keep Burning Despite Big Oil's 2030 Pledges

Residents in West Texas describe noise, odors and health concerns from a gas flare operating near their homes as oil producers face scrutiny over pollution and their commitments to curb emissions. Oil giants including ExxonMobil, Occidental Petroleum and others have pledged to reduce or eliminate the flaring practice, but a new investigation by Bloomberg News and The Examination found persistent flames at sites tied to companies participating in the World Bank's Zero Routine Flaring initiative. For more, we speak with Ben Elgin, Bloomberg News ESG Reporter & Will Evans, Senior Reporter for The Examination.

Read more: Why Gas Flares Keep Burning Despite Big Oil's 2030 Pledges
Bloomberg
Financial

Hamilton Lane's Bell on Secondary Markets Opportunity

As U.S. mortgage rates rise above 7% for the first time in a couple of years, Elizabeth Bell, Co-Head of Real Estate at Hamilton Lane, discusses whether the broader real estate market has been written off amid a slow post-pandemic recovery, changing consumer spending and higher rates. Bell says the market faces risks from elevated interest rates and geopolitics, which weigh on investment and yields, but still offers opportunities. She speaks with Romaine Bostick on "The Close."

Read more: Hamilton Lane's Bell on Secondary Markets Opportunity