February 2021, Vol. 248, No. 2
Features
Why Investors Should Care about Challenges Mitigating Gas Flaring
By Reid Brooks, Director, Opportune LLP Natural gas flaring, the controlled combustion of natural gas using a flare stack, continues to be a central focus for environmental, social and governance (ESG) investors involved in the oil and gas industry. It has been a lightning rod for criticism of the upstream oil and gas sector due to the greenhouse gas (GHG) emissions it creates, as well as the perceived wastefulness by the companies who flare. What some may not realize is that the alternative, known as “venting,” is even more damaging because it releases unburned, odorless methane – the main component of natural gas – and many times more potent as a GHG. To

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