Management of Flaring and Methane Emissions from the Oil & Gas Sector: Incentives and Constraints

Please join the Payne Institute for Public Policy at the Colorado School of Mines as we welcome Fellow Dr. Benjamin Gilbert, Assistant Professor of Economics & Business, Colorado School of Mines, presenting a webinar titled Management of Flaring and Methane Emissions from the Oil & Gas Sector: Incentives and Constraints on Tuesday, February 2, 2021 from 1:00pm – 2:00pm (MT).

Flaring and methane emissions are two environmentally damaging ways in which uneconomic gas is wasted during the oil & gas production process. In this webinar Dr. Gilbert will discuss several economic issues with the management of these socially costly practices. He will first give an overview of some of the supply chain constraints and market structure determinants of flaring and methane emissions. He will then propose a novel monitoring and incentive mechanism that would leverage advances in remote sensing to reduce flaring and methane emissions. Finally, Dr. Gilbert will discuss some of the potential costs of abatement in this context.

Dr. Ben Gilbert is an environmental and natural resource economist at Colorado School of Mines. His recent research examines market structure and environmental policy options in the oil & gas industry. He also studies the behavioral economics of decision-making with environmental consequences such as adoption of energy efficiency technologies. He earned his Ph.D. in economics from the University of California, San Diego in 2011.