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COVID-19 Information and Guidance

Reducing flaring of natural gas

The rules in place that should, in theory, motivate oil companies to flare less do not have any teeth, nonresident scholar Mark Agerton told Marketplace Morning Report So regulators, he said, should look into "denying companies a permit if they don’t meet particular standards or putting a tax or fee on flaring that says,'you can flare, but for a price.'"

Read Agerton's Baker Institute July 2020 paper on the economics of natural gas flaring