Climate Change Study Produces Alarming Information, But How Accurate Is It?
Concrete data on climate, and the actions that impact it can be hard to determine. Climate Trace, an organization that aims to measure true carbon levels across the globe recently published a study that claimed greenhouse gas emissions from oil and gas facilities is three times higher than those producers state.
Steve Hendrickson, President of Ralph E. Davis Associates believes there is more than meets the eye in this case. Watch his take below, where he digs into the merits of the methodology used in this study.
“On November 9th, climate Trace, a global nonprofit that advocates for faster action on climate change, released a report that described much higher levels of CO2 and other greenhouse gas emissions around various parts of the world than had been previously understood or at least expected. I took a look at their report and their data specifically.
The oil and gas business in the United States had a couple of words of caution. First of all, their methodology is documented on their website, but it is very model-driven and those models require a lot of assumptions, they do not represent. The direct measurement of these hydrocarbons or co2 emissions.
Secondly, the level of granularity in their report is very low. That is, they don’t look specifically at individual facilities or wells. Maybe in a few instances, they do for certain large facilities, but for instance, in something like the Marcellus, which contains thousands and thousands of wells grouped as a single field it’s hard to get actionable data when you look at it in that magnitude.
If you’re gonna rely on the data, my advice, take a good look at their methodology and I would use it with caution.”
Hydrogen-powered flights are gaining traction. But are they really the future of aviation?
Earlier in March, Universal Hydrogen successfully completed a 15-minute voyage of a hydrogen-powered flight. The Dash 8-300 aircraft, which typically carries about 50 passengers, had to be redesigned in order to hold the engine — and over 65 pounds worth of liquid hydrogen. Now that hydrogen-powered flights are gaining traction, could they be the […]
M&A Healthcare Advisors (MAHA) Exclusively Represents Hoover Pharmacy in their Sale to CVS
LOS ANGELES, March 28, 2023 /PRNewswire/ — M&A Healthcare Advisors (MAHA), a boutique merger and acquisition (M&A) advisory group, is proud to announce the sale of Hoover Pharmacy, a Specialty & Retail Pharmacy based in the San Francisco Bay area focused on serving Stanford Medical Campus patients. Hoover Pharmacy’s files were acquired by CVS and […]
Planning for International Interactive Mixed Reality Art
Interactive visual stories and art are becoming more and more common as AR storytelling begins to dominate the space. From museums to advertising campaigns, interactive art is reinventing the way stories have been traditionally told, making the world its canvas. As VR and AR tech becomes more accessible, artists find themselves intrigued with the new […]