Greenhouse Gas Emissions and Climate Change: The most direct impact of flaring is the generation of large amounts of carbon dioxide (CO2), a major greenhouse gas that contributes to global climate change. Furthermore,
Energy Loss and Economic Impact: The flared gas is itself a valuable energy resource. The World Bank estimates that the amount of natural gas lost globally each year due to flaring is enough to meet the entire African continent’s electricity demand. This is not only a tremendous waste of energy but also represents a loss of potential economic revenue.