A second paper on emissions from global flaring and venting builds on our first and shows how wide-ranging initiatives and solutions exist already; the selection of the most suitable ones is situation-dependent. We present solutions and actions in a four-point (‘Diamond’) model involving: (1) measurement of chemicals emitted, (2) accountability and transparency of emissions through disclosure and reporting, (3) economic deployment of technologies for (small-scale) gas monetization, and (4) an ‘all-of-government’ approach to regulation and fiscal measures. A successful example is Norway. Public policies have changed the calculus for the companies involved. Norway is a leading country on implementing small-scale gas monetisation technologies (such as mini-Liquified Natural Gas for transport).

See also for more: https://energycc.com/blogs/capturing-economic-and-social-value-from-hydrocarbon-gas-flaring-and-venting-solutions-and-actions.html