European Union

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.

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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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