Why Are We Still Burning Billions in Energy? The Economic and Environmental Cost of Flaring

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The sheer volume of gas burned globally through flaring represents a colossal missed opportunity. Are industries fully accounting for the true economic and environmental cost of flaring? The World Bank estimates that the amount of gas flared annually could power an entire continent, highlighting the immense energy loss. More alarmingly, flaring is a major contributor to climate change. Not only does it release vast amounts of CO₂ but incomplete combustion can release unburned methane, which has a far greater short-term warming effect. The ongoing practice of flaring is a dual drain on profits and the planet, making its reduction an urgent global priority.Click here to learn more

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