ClimateRaise, a newsletter that showcases early-stage climate startups led by women founders, features Geofinancial Analytics
Chief Scientist Jessica Hellmann on Climate Mitigation, Adaptation & Resilience
00:00 On geoengineering as a tool to combat catastrophic climate change
13:20 On the role of global capital markets in mitigating climate change
14:57 On Geofinancial Analytics and its role in helping capital markets align with climate goals and advancing resilience
21:28 On youth and “living the good life at the end of the world”
Chief Scientist Jessica Hellmann on Environmental Opportunities in a Post-Pandemic World
00:00 Jessica and her work at the Institute on the Environment and Geofinancial Analytics
14:36 Jessica on environmental opportunities in a post-pandemic world
GEO featured in Exxon methane leak story
Blowout turned an Exxon natural gas well into a methane 'super emitter'
Washington Post
Dec. 16, 2019 at 12:00 p.m. PST
Using satellite data, scientists have confirmed that a 2018 blowout turned a natural gas well in eastern Ohio into a “super-emitter,” leaking more methane in 20 days than all but three European nations emit over an entire year.
ESG controversies wiped $500 billion off value of US companies in 2018
The New York Times exposes methane "super emitters"
Vast amounts of methane are escaping from oil and gas sites nationwide, worsening global warming, even as the Trump administration weakens restrictions on offenders. To create images of methane emissions in the Permian Basin, The New York Times used a custom-built FLIR camera that converts infrared energy into an electronic signal to create moving pictures. MethaneScan® uses high-resolution satellites equipped with infrared spectrometers for the same purpose – detecting methane “super emitters” and attributing them to the parties responsible.
GEO on National Public Radio
Click on image to listen to 20-minute interview with Mark Kriss, Geofinancial’s CEO.
GEO featured in Reuters "Transparency Report"
See: The Future of Transparency, p. 22.
Technology to the Rescue
Op-Ed on Thomson Reuters Sustainability by Mark R. Kriss
Satellites can deliver transparency on super polluters in near real time.
This week brought depressing news of yet another environmental mega disaster. An oil spill has been quietly leaking between 300 and 500 barrels of oil per day into the Gulf of Mexico since a Taylor Energy-owned production platform located 12 miles off the coast of Louisiana was toppled by an underwater mudslide caused by Hurricane Ivan in 2004. After 14 years of limited success in capping the leak, the Taylor Energy leak now verges on becoming a worse offshore disaster than the infamous British Petroleum Deepwater Horizon explosion of 2010.
Sadly, the Taylor Energy leak is not the gravest environmental threat we face. But it’s symptomatic of the sometimes hidden costs – to ecosystems, the food chain, public health and climate stability – of the fossil fuel industry.
Like Deepwater Horizon, the Taylor Energy oil spill is primarily a regional ecological disaster. Invisible methane leaks from oil and gas production and distribution have a far bigger effect on global warming – an existential threat to human life as we know it – than oil spills.
