logo
Gas flaring created 389m tonnes of carbon pollution last year, report finds

Gas flaring created 389m tonnes of carbon pollution last year, report finds

The Guardian18-07-2025
The fossil fuel industry pumped an extra 389m tonnes of carbon pollution into the atmosphere last year by needlessly flaring gas, a World Bank report has found, in an 'enormous waste' of fuel that heats the planet by about as much as the country of France.
Flaring is a way to get rid of gases such as methane that arise when pumping oil out of the ground. While it can sometimes keep workers safe by relieving buildups of pressure, the practice is routine in many countries because it is often cheaper to burn gas than to capture, transport, process and sell it.
Global gas flaring rose for a second year in a row to reach its highest level since 2007, the report found, despite growing concerns about energy security and climate breakdown.
It found that 151bn cubic metres (bcm) of gas were burned during oil and gas production in 2024, up by 3bcm from the year before.
'Flaring is needlessly wasteful,' said Zubin Bamji, the manager of the World Bank's Global Flaring and Methane Reduction Partnership (GFMRP), which wrote the report. '[It's] a missed opportunity to strengthen energy security and improve access to reliable power.'
In many cases, observers complain, the rules to prevent needless flaring are weak and poorly enforced, and companies have little incentive to stop doing it because they do not have to pay for the pollution it causes.
The report found that nine countries – Russia, Iran, Iraq, the US, Venezuela, Algeria, Libya, Mexico and Nigeria – were responsible for three-quarters of all gas flaring in 2024. Most of the worst offenders were countries with state-owned oil companies.
Despite efforts to stop the practice, the intensity of flaring – the volume flared per barrel of oil produced – had remained 'stubbornly high' over the last 15 years, the report found.
Flaring intensity in Norway, one of the cleanest oil and gas producers, is 18 times lower than in the US, and 228 times lower than in Venezuela, according to the data.
Andrew Baxter, an oil and gas expert at the nonprofit Environmental Defense Fund, who was not involved in the report, said it was 'deeply disappointing' to see a return to the gas flaring levels of 2007.
'Such levels of flaring are an egregious waste of resources,' he said. '[They] are catastrophic for climate and human health.'
The International Energy Agency has called for the elimination of all flaring except in emergencies by 2030. The value of gas flared last year, which would have been worth about $63bn at EU import prices for 2024, is more than half of the upfront costs that the IEA says are needed to stop the practice altogether.
Jonathan Banks, a methane expert at the nonprofit Clean Air Task Force, who was not involved in the report, said solutions were well known and often cost-effective. 'What is missing is the political will and regulatory pressure to implement them at scale.'
The report highlighted areas of progress, pointing to some oil and gas producers, such as Angola, Egypt, Indonesia and Kazakhstan, that had successfully reduced the amount of gas flared.
Sign up to Down to Earth
The planet's most important stories. Get all the week's environment news - the good, the bad and the essential
after newsletter promotion
Kazakhstan, which has levied steep fines on companies that break the rules, had reduced flaring by 71% since 2012.
Banks said: 'We need more of this kind of action and more support to help lower-income, high-flaring nations overcome infrastructure and governance barriers.
'We also need global coordination, particularly from major oil importers, to create incentives that reward responsible producers and raise the bar for everyone.'
The report, which used satellite data to estimate flared gas, was produced by the GFMRP, which is made up of some of the world's most polluting governments and companies.
Its funders include European energy firms such as BP, Eni, Equinor, Shell and TotalEnergies, as well as major oil-producing countries such as the US, Norway and the United Arab Emirates.
The group has encouraged countries and companies to end routine flaring by 2030. According to the report, countries that endorsed the initiative have on average reduced their flaring intensity by 12% since 2012, though absolute volumes have fallen only slightly in that time, while countries that have not made the pledge increased their flaring intensity by 25%.
'Reducing gas flaring is not without challenges,' said Bamji. 'It requires upfront investment, adequate infrastructure, strong regulatory frameworks and sustained political will.'
If those conditions were in place, countries could significantly cut flaring, 'often while unlocking new sources of revenue and improving energy access'.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Welcome to the age of ‘geoeconomics'
Welcome to the age of ‘geoeconomics'

Times

time21 minutes ago

  • Times

Welcome to the age of ‘geoeconomics'

A s Europe prepares to watch from the sidelines while the United States and Russia negotiate the future of Ukraine in Alaska, references to geopolitics are, once again, everywhere. The 'geo' buzz has been upon us for a while. According to almost every commentator, we live in the age of 'geoeconomics'. And yet, when real-world great power competition comes knocking, analysts struggle to make sense of it. Nowhere has this been more apparent than in reactions to the recent EU-US trade deal. Commentators have labelled it a humiliating and economically unnecessary climbdown, while berating European negotiators for their lack of strategy. The UK, which struck a deal limiting most tariffs to 10 per cent rather than the EU's 15 per cent, is seen as having achieved a better result.

Trump says he thinks Putin will make a deal on Ukraine
Trump says he thinks Putin will make a deal on Ukraine

Reuters

time2 hours ago

  • Reuters

Trump says he thinks Putin will make a deal on Ukraine

MOSCOW/LONDON/KYIV, Aug 14 (Reuters) - U.S. President Donald Trump said on Thursday he thought Vladimir Putin was ready to make a deal on ending the war in Ukraine after the Russian president floated the prospect of a nuclear arms agreement on the eve of their summit in Alaska. Ukrainian President Volodymyr Zelenskiy and his European allies have intensified their efforts this week to prevent any deal between the U.S. and Russia emerging from Friday's summit that leaves Ukraine vulnerable to future attack. "I think he's going to make a deal," Trump said in a Fox News radio interview, adding that if the meeting went well he would call Zelenskiy and European leaders afterwards and that if it went badly he would not. The aim of Friday's talks with Putin is to set up a second meeting including Ukraine, Trump said, adding: "I don't know that we're going to get an immediate ceasefire." Putin earlier spoke to his most senior ministers and security officials as he prepared for the meeting with Trump in Anchorage, Alaska on Friday that could shape the endgame to the largest war in Europe since World War Two. In televised comments, Putin said that the U.S. was "making, in my opinion, quite energetic and sincere efforts to stop the hostilities, stop the crisis and reach agreements that are of interest to all parties involved in this conflict". This was happening, Putin said, "in order to create long-term conditions for peace between our countries, and in Europe, and in the world as a whole - if, by the next stages, we reach agreements in the area of control over strategic offensive weapons." His comments signalled that Russia will raise the issue of nuclear arms control as part of a wide-ranging discussion on security when he sits down with Trump. A Kremlin aide said Putin and Trump would also discuss the "huge untapped potential" for Russia-U.S. economic ties. A senior eastern European official, who requested anonymity to discuss sensitive matters, said Putin would try to distract Trump from Ukraine at the talks by offering him possible progress on nuclear arms control or something business-related. "We hope Trump won't be fooled by the Russians, he understands all (these) dangerous things," the official said, adding that Russia's only goal was to avoid any new sanctions and have existing sanctions lifted. Trump said there would be a press conference after the talks but that he did not know whether it would be joint. He also said that there would be a give and take on boundaries and lands. Russia controls around a fifth of Ukraine and Zelenskiy and the Europeans worry that a deal could cement those gains, rewarding Putin for 11 years of efforts to seize Ukrainian land and emboldening him to expand further into Europe. An EU diplomat said it would be "scary to see how it all unfolds in the coming hours. Trump had very good calls yesterday with Europe but that was yesterday". Trump had shown willingness to join the security guarantees for Ukraine at a last-ditch virtual meeting with European leaders and Zelenskiy on Wednesday, European leaders said, though he made no public mention of them afterwards. Zelenskiy said the security guarantees had been discussed in "considerable detail" in comments after a meeting in London on Thursday with British Prime Minister Keir Starmer. Friday's summit, the first Russia-U.S. summit since June 2021, comes at one of the toughest moments for Ukraine in a war that has killed tens of thousands and displaced millions since Russia's full-scale invasion in February 2022. Speaking after Wednesday's meeting, French President Emmanuel Macron said Trump insisted that the transatlantic NATO alliance should not be part of security guarantees that would be designed to protect Ukraine from future attacks in a post-war settlement. Macron said, however, that Trump had also said the United States and all willing allies should be part of the security guarantees. Expanding on that, a European official told Reuters that Trump said on the call he was willing to provide some security guarantees for Europe, without spelling out what they would be. It "felt like a big step forward", said the official, who did not want to be named. It was not immediately clear what such guarantees could mean in practice. On Wednesday, Trump threatened "severe consequences" if Putin does not agree to peace in Ukraine and has warned of economic sanctions if his meeting on Friday proves fruitless. Russia is likely to resist Ukraine and Europe's demands and has previously said its stance had not changed since it was first detailed by Putin in June 2024.

Oil prices rise as Fed rate cut, Trump-Putin talks loom
Oil prices rise as Fed rate cut, Trump-Putin talks loom

Reuters

time2 hours ago

  • Reuters

Oil prices rise as Fed rate cut, Trump-Putin talks loom

NEW YORK, Aug 14 (Reuters) - Oil prices rose about 1% on Thursday after U.S. President Donald Trump warned of "severe consequences" if his talks with Russian President Vladimir Putin on Ukraine fail and on expectations that a U.S. interest rate cut next month could spur oil demand. Central banks, like the U.S. Federal Reserve, use interest rates to control inflation. Lower interest rates reduce consumer borrowing costs and can boost economic growth and demand for oil. Brent crude futures were up 87 cents, or 1.3%, to $66.50 a barrel at 10:53 a.m. EDT (1453 GMT), while U.S. West Texas Intermediate (WTI) crude rose 88 cents, or 1.4%, to $63.53. Those price gains pushed both crude benchmarks out of technically oversold territory for the first time in three days. Brent closed on Tuesday at its lowest price since June 5 and WTI closed at its lowest price since June 2 due in part to bearish inventory and supply data from the U.S. Energy Information Administration and the International Energy Agency. Putin on Thursday praised "sincere efforts" by the U.S. to end the war in Ukraine and floated the prospect of a nuclear arms deal ahead of a summit on Friday in Alaska with Trump. U.S. allies in Europe have urged Trump to stand firm. Russia was the second-biggest producer of crude in 2024 behind the U.S., so any agreement that may ease sanctions on Moscow would likely boost the amount of Russian oil available for export to global markets. Trump on Wednesday threatened "severe consequences" if Putin does not agree to peace in Ukraine. The U.S. president did not specify what the consequences could be, but he has warned of economic sanctions if the meeting on Friday proves fruitless. Trump has threatened to enact secondary tariffs on buyers of Russian crude, primarily China and India, if Russia continues its war in Ukraine. "The uncertainty of U.S.-Russia peace talks continues to add a bullish risk premium given Russian oil buyers could face more economic pressure," Rystad Energy said in a client note. Some analysts, however, remained sceptical that Trump would take action that could significantly disrupt oil supplies. Expectations that the Fed will cut interest rates in September also propped up oil prices. Traders overwhelmingly believe a cut will happen next month after U.S. consumer prices increased at a moderate pace in July. U.S. Treasury Secretary Scott Bessent said he thought an aggressive half-percentage-point cut was possible given recent weak employment numbers. But a jump in U.S. wholesale prices last month looks to have all but erased the possibility that the Fed will deliver a jumbo-sized half-percentage-point interest rate cut in September, though expectations for a quarter-percentage-point move next month, followed by another in October, remain intact. San Francisco Fed President Mary Daly has pushed back against the need for a 50-basis-point rate cut at the U.S. central bank's September 16-17 meeting, the Wall Street Journal reported on Thursday. In Europe, meanwhile, Norwegian oil and gas investments are expected to peak this year, and start declining next year as major projects are completed, a statistics office survey of industry players showed on Thursday. Norway produces about 2% of global oil. It became Europe's largest supplier of pipeline gas after Russia's invasion of Ukraine in February 2022.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store