May 14, 2011

Wanted to cut emissions of 400 million tons of CO2 annually, you could...

BigGav on natural gas flaring - The Ultimate Gas Guzzler.
If you wanted to slashemissions of 400 million tons of CO2 annually, you could:http://upload.wikimedia.org/wikipedia/commons/thumb/5/58/PTT_flame_1.jpg/180px-PTT_flame_1.jpg
  • take 77 million automobiles off the road, or eliminate the wasteful practice of venting and “flaring” (burning) of billions of cubic meters of unused natural gas from production wells.
Much as I'd like to choose Plan A on some days as a solution to my morning commute hassles, I have to admit that Plan B sounds more practical. In fact, it sounds like a no-brainer. After all, why hurt the environment by wasting a resource that could instead make money by putting it to productive use?

The staggering waste of gas—
and consequent economic opportunity for conservation—was highlighted this week in a study released by GE called Flare Gas Reduction: Recent Global Trends and Policy Considerations. It concludes that with existing technology, some $20 billion in gas could be reclaimed to generate electric power and “yield billions of dollars per year in increased global economic output.”
red gas into a valuable asset.

Wasteful flaring takes place even in the United States. In North Dakota, for example, roughly a quarter of all gas produced from oil wells is simply burned off.
Read more at Next100