Jason Roe Discusses the Business of Eliminating Flaring
In this episode, Kaitlyn Allen talks with Jason Roe. Jason is CEO & President of EcoVapor Recovery Systems, a company dedicated to helping industries improve their environmental and financial sustainability with innovative technology. Prior to joining EcoVapor, Jason was CEO of Avitas, a Baker Hughes venture focused on emissions monitoring and detection strategies enabled through robotics, AI, and digital techniques. Before that, he served as President and Chief Executive Officer of XACT Downhole Telemetry. Jason received his B.S. in Finance from the Leeds School of Business at the University of Colorado at Boulder. Flaring and venting of natural gas during oil and gas production operations results in the release of methane, one of the most potent greenhouse gases. Sometimes, flaring is necessary for safety, such as to prevent blowouts. But routine flaring is problematic for a few reasons: harmful releases of methane to the environment, waste of a non-renewable resource, and loss of revenue. Companies are looking for ways to reduce or eliminate routine flaring, as is prescribed by the World Economic Forum, to reduce the impact of methane releases to the environment, reduce scope 1 emissions, and sell instead of waste a product that currently heats homes and powers stoves. Listen as Kaitlyn and Jason discuss Ecovapor’s technology which helps oil and gas companies to reduce their Scope 1 emissions (direct emissions from company-controlled resources). Their conversation also touches on: That natural gas is still a fuel source in the International Energy Agency (IEA) Sustainable Development Scenario, so we need to make it operationally carbon neutral. Shared technology from the oil field across other forms of energy Renewable natural gas How carbon reduction goals can go hand in hand with poverty reduction goals. The information shared in this episode is solutions-focused with the intention to educate on how we can all make the most impact, especially as we enter in the new year. Resource Boost: --Ecovapor Recovery Systems - ecovaporrs.com --International Energy Agency Sustainable Development Scenario – https://www.iea.org/reports/world-energy-model/sustainable-development-scenario- sds --Goldman Sachs Carbonomics Report: https://www.goldmansachs.com/insights/pages/gs-research/carbonomics-f/ report.pdf Thanks to everyone who connected to ESG Decoded this year! It’s been a great year and we look forward to all that is to come in 2022. Subscribe to ESG Decoded where you consume your podcasts and connect via social media to share your feedback and topic suggestions. Enjoy this episode!