Geofinancial Analytics News Today

A new analysis found that under the IRA, some companies may be liable for fees that could bankrupt some operators.

The Inflation Reduction Act, the 2021 U.S. climate law abbreviated IRA, primarily reduces emissions through financial incentives, rather than binding rules.

Recent research suggests that the IRA’s methane fee could batter the oil and gas industry to the tune of more than $1 billion.

Trouble ahead for Diversified Energy, ConocoPhillips, Occidental, and CRC?

Much worse for the climate than carbon dioxide, despite global efforts to control methane, emissions continue soaring.

With over a third of methane emissions stemming from fossil fuels production and operation, oil majors - led by Shell - publicly claim to be reducing their

With over a third of methane emissions stemming from fossil fuels production and operation, oil majors – led by Shell – publicly claim to be reducing their methane pollution.

With over a third of methane emissions stemming from fossil fuels production and operation, oil majors – led by Shell – publicly claim to be reducing their methane pollution.

The number of satellites that circle the globe is expected to rise dramatically over the next few years. Some of the current cohort of satellites bounce signals to our phones; others gather imagery of Earth’s surface. A growing field of satellite technology will be gathering information about greenhouse gas emissions.

By BILL GODSEY