Company CEOs pose before starting a meeting of the Oil and Gas Climate Initiative in Paris.
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Ten of the world's leading oil and gas companies vowed Friday to help fight climate change, notably by shifting toward cleaner natural gas, but their promise was dismissed by Greenpeace as a public relations ploy.The initiative to limit climate-altering greenhouse gas emissions comes six weeks ahead of a critical summit in Paris to negotiate a global climate rescue pact.The energy companies made no mention of carbon pricing, in which the prices of goods and services reflect the cost of carbon pollution, as an option to reduce greenhouse gas emissions even though six of the 10 firms had endorsed it in June.Shell spokesman Jon French said the company "absolutely" still supports carbon pricing.
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