Oil Spill Detection and Response Agency's Quarterly Report on Gas Flare Down: A Step Towards Reducing Carbon Footprints
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The Nigerian gas flood tracker shows a steady decline in gas volume since 2019, marking significant progress in our nation's efforts to reduce carbon emissions. This quarterly report meeting, hosted by the National Oil Spill Detection and Response Agency on the 24th of May 2024, is a testament to the collective commitment of oil and energy companies to achieve the goals set by Nigeria's energy transition plan.
However, the Minister of State for the Environment has expressed concern over the low turnout of foreign companies. It’s crucial that all stakeholders, both international and indigenous, actively participate in these initiatives. The reported flaring of approximately 1.62 billion cubic meters of gas, leading to the emission of 86 million metric tons of CO2 and 31.3 million metric tons of methane, is both environmentally and economically unacceptable.
In light of these challenges, Eko Carbon and Commodity Exchange Company can provide invaluable support to companies looking to offset their carbon footprint. Our expertise in carbon offsetting and footprint reduction projects can help organizations align with Nigeria's net-zero targets for 2030 and 2060.
By working together, we can accelerate the transition to a greener, safer, and more sustainable future. Let’s commit to substantial action against climate change and make meaningful strides in our carbon reduction efforts.
Eko Carbon and Commodity Exchange Company: Your Partner in Carbon Offsetting and Footprint Reduction Projects.
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