Billions Up in Flames as Oil Firms Burn Gas

window.document.getElementById(‘post-7932′).parentNode.className += ‘ adhesive_post’;Inter Press Service: Energy producers waste about 40 billion dollars every year by burning off gas released at oil fields, says a new study commissioned by the World Bank. The practice, known as flaring, also hastens climate change by spewing some 400 million tons of carbon dioxide into the atmosphere, says the study, billed as the first global survey supported by photos taken from satellites in space. Scientists say carbon dioxide and other so-called greenhouse gases are mainly responsible for …

Original post by miscellaneous

This entry was posted in Blogroll. Bookmark the permalink. Both comments and trackbacks are currently closed.