Gas flaring

Five Percent of World’s Natural Gas Wasted, GE Report Says

Summary: 

GE released a new study on Flare Gas Reduction: Recent Global Trends and Policy Considerations, which concentrates on the effects of burning unused gas. The report estimates that around 5% of natural gas is wasted as gas flaring produces 400 million metric tons of CO2 every year and outlines this as a key opportunity to positively impact climate change.  

Press Release

GE released a new study on Flare Gas Reduction: Recent Global Trends and Policy Considerations, which concentrates on the effects of burning unused gas. The report estimates that around 5% of natural gas is wasted as gas flaring produces 400 million metric tons of CO2 every year and outlines this as a key opportunity to positively impact climate change.  

GE Report Finds Gas Flaring Wastes 5 Percent of Global Supply

Summary: 

400 million metric tons of carbon dioxide is released into the atmosphere every year due to the burning of gas produced during oil drilling. New findings by GE show that nearly $20 billion in wasted natural gas could be used to generate reliable, affordable electricity and yield billions of dollars per year in increased global economic output. This GreenBiz article discusses the report by GE, referencing how the gas emissions vary depending on region and what objectives need to be set to resolve the issue.

Blog

400 million metric tons of carbon dioxide is released into the atmosphere every year due to the burning of gas produced during oil drilling. New findings by GE show that nearly $20 billion in wasted natural gas could be used to generate reliable, affordable electricity and yield billions of dollars per year in increased global economic output. This GreenBiz article discusses the report by GE, referencing how the gas emissions vary depending on region and what objectives need to be set to resolve the issue.

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