Researchers Call on Government, Industry to Reach for $30 Bln in Revenues Lost to Gas Flaring -Report « Carbon Pulse

Researchers call on government, industry to reach for $30 bln in revenues lost to gas flaring -report « Carbon Pulse

Governments must foster investable environments for gas flaring capture and reduction projects, which could offer a quick win for emissions reduction while incentivising the hard-to-abate oil and gas sector with boosted revenues, according to a recent report.

Green Flare turns Nigeria’s waste gas into crypto mining power

In Nigeria’s oil-rich Delta region, a new startup is turning a decades-old environmental problem into a digital opportunity. Green Flare Holdings, a climate-tech infrastructure company, will convert flares—gas emissions from oil fields usually burned into the atmosphere—into electricity for data centers. The plan? Start with Bitcoin mining, and scale to powering artificial intelligence (AI) and high-performance compute. “What we’ve come up with …