A Tidal Wave of New Carbon Emissions Data Soon Will Be Upon Us
A radical increase in available carbon emissions data may be just around the corner. Should it happen within a matter of months as proponents hope, its effects will spread around the world to dramatic effect-
In this short piece, the author talks about the attempt to map and publish in real time all the major sources of human-made carbon emissions on the planet, right down to individual factory/facility level.
Central to this shift is likely to be is a collaborative endeavor called Climate TRACE. Climate TRACE (Tracking Real-Time Atmospheric Carbon Emissions) is a project to use satellite image processing, remote sensing technologies, machine learning and artificial intelligence to monitor worldwide human-made greenhouse gas emissions in real time.
If this comes off later this year as planned, it will have potentially huge ramifications for investors, politicians, the COP26 negotiations, ESG strategies, and environmental consumer and citizen activism. And the journey to increased transparency and accountability with regard to emissions is only going to accelerate.