MethaneScan® in the news

Live long and prosper

October 17, 2018 on Reuters BreakingViews | By Tim Nixon

Climate activism is nearing the final frontier – and at just the right moment. Last week’s report by the Intergovernmental Panel on Climate Change warned that keeping the rise in the Earth’s temperature below 1.5 degrees Celsius requires us to make unprecedented changes by 2030 in the way we use energy resources. One big stumbling block is a lack of enough accurate data. That will soon change, though, as Google, Planet, MethaneScan and a host of space agencies are starting to track greenhouse gases from orbit.

Methane leaks offset much of the climate change benefits of natural gas, study says

June 21, 2018 in the Washington Post

The U.S. oil and gas industry emits 13 million metric tons of methane from its operations each year — nearly 60 percent more than current estimates and enough to offset much of the climate benefits of burning natural gas instead of coal, according to a study published Thursday in the journal Science.

The Natural Gas Industry Has a Leak Problem

June 21, 2018 in the New York Times

The American oil and gas industry is leaking more methane than the government thinks — much more, a new study says. Since methane is a powerful greenhouse gas, that is bad news for climate change.

Gas leaks worse for climate than thought, study says

June 21, 2018 in Financial Times

Methane escapes exceeded US government estimates by about 60%

Leaks of methane from the US oil and gas industry are about 60 per cent higher than government estimates, new research has suggested, heightening concerns about their contribution to global warming.

Research Findings Presented at Yale Symposium on State of ESG Data and Metrics

Read short form of our paper which gave rise to the concept of “geofinancial engineering” and presents the conceptual basis of Geofinancial Analytics.

Geofinancial Analytics — together with colleagues at Minnesota’s Institute on the Environment (IonE) and the climate data division of Institutional Shareholder Services (ISS-Ethix) — presented a collaborative research paper on the state-of-the-art in Environmental, Social and Governance (ESG) data at a Yale University Symposium on September 22, 2017. The paper – A Geofinancial Engineering Initiative: Using Real Time Environmental Data from Satellites to Move Financial Markets and Improve Climate Outcomes – was published in the September issue of the Journal of Environmental Investing (pdf).