Critical outcomes from COP26 for “code red” gas flaring countries
Executive summary 49 countries flag as “code red” on gas flaring today – meaning that flaring is material in scale and urgent action is required to reduce it. Whilst most of these countries have already been making bold promises...
How a focus on gas flaring at COP26 can accelerate decarbonisation
By reducing gas flaring, we can reduce emissions, create value and accelerate the energy transition. COP26 can help us to accelerate flaring reduction.
Why gas flaring should be in the spotlight at COP26
Executive summary Gas flaring creates more emissions than the airline industry, yet much of it can be solved technically and commercially. So-called “flare capture” projects are, therefore, “low-hanging fruit” that reduce emissions, create value and accelerate the energy transition....
By tackling flaring, oil-producing countries can meet a substantial portion of their Paris Climate Agreement commitments
Whilst latest UN climate discussions (COP25) closed with limited agreement, we think that flare monetisation (and addressing venting and leaking) is one of the decarbonisation levers that everyone can agree on.