"US Fracking Industry 'Wasting $1Bn a Year in Gas Flaring'"

"New report calculates flaring of gas from North Dakota fracking industry leading to greenhouse gas emissions equivalent to putting one million cars on the road."

"The full scale of the gas flaring undertaken by the North Dakota fracking industry has been laid bare, after a new report suggested the practice resulted in approximately $1bn of gas being wasted last year.

The new study from the Ceres group of sustainable investors draws on official figures from the North Dakota Industrial Commission and reveals that the state's oil and gas developers flared 29 per cent of the natural gas they produced during May 2013. The proportion of gas being flared has actually fallen from a peak of 36 per cent in September 2011, but the rapid expansion of the sector means that the total volume being flared is continuing to rise.

The analysis calculates that flaring throughout 2012 saw $1bn of gas burnt, resulting in greenhouse gas emissions equivalent to putting an additional one million cars on the road."

BusinessGreen had the story July 31, 2013.

SEE ALSO:

Op-Ed: "Gangplank to a Warm Future" (New York Times)

"Another View on Gas Drilling in the Context of Climate Change" (Dot Earth)

"Two Climate Analysts Fault Gas Leaks, but Not as a Big Warming Threat" (Dot Earth)

"Is Natural Gas More Climate-Friendly? Researchers Map Thousands of Leaks in Washington, D.C." (ClimateWire)

"Scientists, Industry, Regulators Struggle With the Suspect Math of Natural Gas Leaks" (ClimateWire)

"How a Company Found a Business in Measuring Leaking Methane" (ClimateWire)

Source: BusinessGreen, 08/05/2013