🤑 It doesn’t get more affordable. Grab this 60% OFF Black Friday offer before it disappears…CLAIM SALE

New satellite will detect and share CO2 data from individual facilities

Published 11/13/2023, 12:00 PM
Updated 11/13/2023, 12:12 PM
© Reuters. FILE PHOTO; Smoke and steam billow from Belchatow Power Station, Europe's largest coal-fired power plant powered by lignite, in Zlobnica, Poland October 20, 2022. REUTERS/Kuba Stezycki/File Photo

(Reuters) - Canadian emissions monitoring company GHGSat on Saturday launched a satellite aimed at detecting carbon dioxide emissions from individual facilities like coal plants and steel mills from space for the first time.

The satellite, named Vanguard, launched from Vandenberg Space Force Base in California, GHGSat said.

Space-age technology is increasingly being used to hold polluting industries accountable for their contributions to climate change. GHGSat's data is available for sale to industrial emitters who want to reduce their emissions, as well as to governments and scientists.

Vanguard will build on the growing network of satellites that are already spotting plumes of methane, an invisible greenhouse gas that is difficult to detect because it tends to leak from an array of small sources including pipelines, drill sites and farms.

Carbon dioxide accounts for nearly 80% of U.S. greenhouse gas emissions from human activities and tends to enter the atmosphere from large industrial sources like power plants. Satellites monitoring carbon dioxide in the atmosphere currently are not focused on facility-level emissions, GHGSat said.

The data collected by Vanguard will help substantiate common practices of monitoring and measuring carbon dioxide emissions, according to Stephane Germain, CEO of Montreal-based GHGSat.

"Often what we find is a mix of direct measurements and estimates - therefore having a direct measurement of the entire facility from a satellite will act as a validation," Germain said in an interview.

© Reuters. FILE PHOTO; Smoke and steam billow from Belchatow Power Station, Europe's largest coal-fired power plant powered by lignite, in Zlobnica, Poland October 20, 2022. REUTERS/Kuba Stezycki/File Photo

Satellites have already shown that methane emissions are broadly higher than estimated and Germain said he suspected the same is true of carbon dioxide.

The information will help bolster the accuracy of government emissions inventories and scientific modeling and will improve the quality of corporate greenhouse gas reporting for investors, GHGSat said.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.