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Tanager-1 is made possible by the Carbon Mapper Coalition , a philanthropically-funded effort to develop and deploy satellites designed to detect and track methane and CO2 super-emitters at a level of granularity needed to support direct mitigation action. During a single overpass on Oct. During a single overpass on Oct.
In the evolving global energy economy, methane emissions have become a critical variable in the oil and gas industrys long-term performance. Yet despite this momentum, oil and gas methane emissions remain unacceptably high. Yet despite this momentum, oil and gas methane emissions remain unacceptably high.
AI Takes Off AI was everyones favorite buzzword this year, but more than that, were only just beginning to realize its incredible value and staying power. Planet Labs PBC) In 2025, EO datasets will emerge as an invaluable resource to train AI models, strengthening the power of AIs usefulness to commercial and government users.
Fracking operations at a site in Blackpool, UK, have caused an unintended release of methane gas into the atmosphere to the equivalent environmental cost of 142 trans-Atlantic flights according to new research. Three different methods were used to estimate the methane release rate. km deep shale gas well.
Amid the commotion, an invisible gas often escapes unnoticed, warming the planet and harming our health: methane. The researchers found these super-emitting points can persist for months or even years, and account for almost 90 percent of all measured methane from the landfills. times, and sometimes as much as 2.7
The uncertainties centre on Equinor’s backing for new “net zero” gas-fired power plants fitted with technology to capture carbon dioxide (CO2) billowing from their smokestacks, and bury the gas in disused oil and gas fields under the North Sea. percent of the UK’s current yearly emissions.
In addition, the Carbon Mapper consortium announced its plan to deploy a ground-breaking hyperspectral satellite constellation with the ability to pinpoint, quantify and track point-source methane and CO 2 emissions. In short, if you can’t measure it, you can’t manage it. . These home-grown satellites are a game-changer.
New funding builds on unique partnership to tackle potent methane emissions between Bloomberg Philanthropies, Carbon Mapper, Planet, the State of California, NASA Jet Propulsion Laboratory, the University of Arizona, Arizona State University (ASU), High Tide Foundation, and RMI . The pledge needs to be matched with bold solutions.
The United States-based oil major’s willingness to publicly throw down the gauntlet to policy-makers underscores the stakes for the fossil fuel industry as the EU fleshes out its plans to slash carbon emissions, ahead of June’s European parliament elections. million tonnes of greenhouse gases during the same period.
A little over a decade ago, Gary Dye, then a gas measurement engineer at NW Natural, Oregon’s largest gas utility, lost faith in his employer to responsibly deal with what he believed to be systematic inaccuracies among the company’s hundreds of thousands of gas meters. Faulty Meters Raise Questions About Profits.
Actionable Insights for a Decarbonizing World National oil companies & global finance Unlocking opportunities to reduce methane emissions Reaching global methane goals requires national oil companies to slash methane emissions. Even with majority government shares, private investors can influence NOCs to address methane.
As understanding of the climate crisis increases and the harm to ourselves, the environment, business, industry, and the economy that will follow, so a desire to not only reduce carbon but to be seen reducing carbon increases. Examples include afforestation, reforestation, and conservation.
Owned and overseen by national governments, As such, it is in both their commercial and national interest to minimize waste – particularly of methane, a potent greenhouse gas that is responsible for a quarter of the climate warming we’re experiencing today. Many of the solutions used to detect methane leaks today were designed for U.S.
By Faye Bowser, Head of Energy Solutions, Siemens plc. How do we find the energy and ideas now to put in place the changes needed to sustain our collective trajectory to 2050, and also identify the next set of ‘big wins’ for industry? We have already exceeded our interim global business goal of cutting CO2 emissions by half by 2020.
Xcel Energy, provider of electricity and natural gas services to nearly 6 million customers in eight Western and Midwestern states, has committed to achieve net-zero greenhouse gas emissions from its natural gas business by 2050. Xcel Energy’s aggressive, forward looking plans for clean energy are welcomed news.".
As the quest for sustainable energy intensifies, biomass emerges as a pivotal player in the arena of renewable resources. This exploration into the realm of biomass energy untangles the complexities and delves into its multifaceted nature, uncovering the potential of plant-based and waste-derived materials as alternative sources of power.
This future hyperspectral satellites will be named Tanager, a colorful and visually diverse family of birds in Central and South America, and are designed to deliver hyperspectral data at a resolution of 30 meters with over 400 spectral bands. Sign up to receive updates on Planet’s hyperspectral commercial offering here.
Practicing good stewardship and sustainability is an integral part of making your business green both ecologically and financially. . The nursery and greenhouse industry is by no means a main contributor to environmental issues but it is beneficial for all businesses to adopt environmentally sound practices.
Tackling methane from oil and gas operations among 'best near-term opportunities’ for combatting climate change, IEA argues. Methane, which is largely released from abandoned coal mines, oil and gas operations, and farming, has a far greater global warming potential than CO2.
Earlier this year, Pacific Gas & Electric faced pushback from environmental and solar and energy storage industry groups to a plan to deploy natural gas generators to back up communities facing multi-day fire-prevention blackouts.
Hotels require a vast amount of energy and resources in order to run, and with this comes an equally vast amount of waste generated. Food waste is a global issue, releasing toxic ammonia-filled leachate and planet-warming methane into the environment. Monitor and Evaluate Waste Management Programs Regularly. Minimize Food Waste.
Trade body RenewableUK outlines a series of policy recommendations to enable the UK to become a global leader in the development of green hydrogen. This would mean that by 2030, green hydrogen would be at least cost-competitive with blue hydrogen, which is made from the fossil fuel methane in combination with carbon capture and storage (CCS).
Choosing Sustainable Energy Another actionable step towards a greener future involves considering how the energy you use is produced. You can explore providers that use renewable sources, such as wind or solar power, on the Choose Energy platform. Green Commuting Transportation is a major contributor to carbon emissions.
Despite the tense, last-minute drama, the Glasgow Climate Pact sends a very clear investment signal to businesses and financial institutions, argues Nick Molho from the Aldersgate Group. This is understandable, but it should not detract from the very clear signals that the business and investment community have been sent at COP26.
Business as usual for the oil and gas industry is over. Investor confidence is flagging just as the talent pool shrinks and competition from cleaner energy sources intensifies. Ben Ratner, Senior Director, EDF+Business. Support science based climate policy agendas. BP’s recent “net zero” announcement is a case in point.
This story is part of the series Getting to Zero: Decarbonizing Cascadia , which explores the path to low-carbon energy for British Columbia, Washington, and Oregon. And, in the United States, political gridlock chopped the heart out of Congress’ most ambitious clean energy plan. . Worried about the climate crisis?
Biomethane from sewage, renewable power, peatland restoration, and tree planting feature heavily in Water UK's sweeping new decarbonisation roadmap. The new plan envisages the development of up to 3GW of new onsite solar and wind generation capacity in order to meet around 80 per cent of the industry's power demand.
European Commission unveils flurry of major policy plans as it seeks to help deliver on 2050 net zero goal, but green groups warn bolder action is still required. The Commission estimates the plan could help upgrade 35 million buildings across Europe and create up to 160,000 additional green jobs in the construction sector by 2030.
Joint effort focuses on developing technologies and management practices to accelerate reductions of methane emissions across the global oil and gas industry. The agreement enables joint collaboration on projects that test technologies and emerging strategies to continue to improve methane management. BP took such a step today.”.
All the winners and highly commended entries from the UK's most prestigious green business awards Last night over 550 top green business leaders, investors, entrepreneurs, and campaigners gathered in central London for the second annual UK Green Business Awards.
The gas can be produced either through the electrolysis of water using renewable power to create green hydrogen or through its extraction from methane, a process that produces carbon dioxide as a by product that can then be captured and stored resulting in so-called blue hydrogen.
Last week, Planet President and CFO Ashley Johnson spoke at the Needham Investor Conference in New York City about Planet business and product innovation. Ashley explained that Planets capabilities to develop novel space technology has been a powerfulbusiness opportunity for us in recent years.
Report argues promised 30 per cent cut in methane emissions will be extremely difficult to achieve without tackling livestock numbers. A new report has today warned the EU "cannot deliver" on the commitments it has made under the Global Methane Pledge without cutting livestock numbers. per cent by 2030.
The first-ever Greentown Labs Climatetech Summit introduced what we see as the four pillars of climate action—technology, finance, policy, and justice—and featured programming on each, alongside extra opportunities to network with our startups, including our first investor speed networking. Massachusetts Clean Energy Center.
In February 2021, German agribusiness giant BASF hosted a virtual wine tasting, a seemingly cozy affair swirling glasses of Portugal’s finest in front of a webcam debating the future of EU agricultural policies. Invited to the event was a small group of Members of the European Parliament (MEPs).
Plans to fund the production of biomethane 'green gas' to provide low carbon heating for homes and businesses through a new carbon tax on UK fossil fuel gas suppliers have been confirmed today, with the government signalling that it aims to launch the new tariff scheme in the autumn. The green gas tariff scheme is expected to help save 21.6
Adopting net-zero by 2050 benchmarks will allow banks to minimize portfolio-wide climate risks and capitalize on the financial opportunities of the energy transition. Transition risks could also arise, as technological and policy advancements cause the value of high-emitting companies to decline. Why it matters. degree scenario.
The circumstances surrounding his termination are documented among thousands of pages of public records and internal company documents that provide a penetrating look into the multi-billion dollar stakes of negotiations between governments and state-sanctioned monopolies that are shaping the future of energy systems in Oregon and beyond.
Gulf Coast typically receives much of the attention for the LNG rush , the Pacific Coast of Canada is home to multiple proposed LNG export projects, as energy companies scramble to export fracked gas from northeast British Columbia. Thames is a former executive at Cheniere Energy, a prominent U.S. And that is from just one project.
It’s packed with energy; per unit of weight, at least 60 times as much as the lithium-ion batteries used to propel electric cars. In the presence of the sun’s rays, nitrogen molecules set of a chain of reactions that produce ozone and destroy free-floating atmospheric methane. It’s also terrible for the climate. Others warm it.
Investors and climate experts are increasingly concerned about one of the energy transition’s biggest loopholes – the transferred emissions problem. Securing large-scale emissions reductions in the real economy – not through accounting exercises – is core to a successful energy transition. By Andrew Baxter and Gabriel Malek.
Practicing good stewardship and sustainability is an integral part of making your business green both ecologically and financially. . The nursery and greenhouse industry is by no means a main contributor to environmental issues but it is beneficial for all businesses to adopt environmentally sound practices.
The coordinated effort will bring together governments, philanthropists, environmental groups, and technology companies to use satellite technologies to monitor greenhouse gas emissions and turn satellite data into actionable information. The initiative was unveiled at the third annual Bloomberg Global Business Forum.
BusinessGreen brings you an overview of the key business takeaways from the Glasgow Climate Summit. Forward-thinking businesses and financiers are set to be agents of change as governments look for ways to turn ambition into action - a role that is clearly not lost on the many business leaders represented at the SEC Centre in Glasgow.
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