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GE study finds 5% of worlds natural gas production wasted per year by flaring

Green Car Congress

A newly released GE study — Flare Gas Reduction: Recent Global Trends and Policy Considerations —estimates that 5% of the world’s natural gas production is wasted by burning or “flaring” unused gas each year, despite some progress on the flaring issue. It will help slow global warming while also saving scarce natural resources.

Waste 260
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Glencore to pay >$1.1B to resolve government’s investigation into bribery and commodity and price manipulation

Green Car Congress

pled guilty in the District of Connecticut to a commodity price manipulation conspiracy. billion to resolve the government’s investigations into bribery and commodity and price manipulation. The Commodity Price Manipulation Case. operated a global commodity trading business, which included trading in fuel oil.