A new index highlights the need for shared responsibility to end gas flaring Zubin BamjiHarshit Agrawal June 25, 2021 This page in: English

https://blogs.worldbank.org/en/opendata/new-index-highlights-need-shared-responsibility-end-gas-flaring Gas flaring, the burning of natural gas associated with oil extraction, has persisted since the beginning of oil production, some 160 years ago. It takes place due to a range of issues, from market and economic constraints, to a lack of appropriate regulation and political will, and results in substantial carbon dioxide, methane and black carbon (soot) emissions. Eliminating this practice from oil production is the very least oil and gas operators can do to limit their direct emissions and will help countries achieve their Paris Agreement goals, advancing their path to decarbonization and renewable energy sources. Indeed, if all flaring was eliminated, it would reduce CO2 equivalent emissions by 400 million tons each year.