S&P Using Satellite to Guess Methane Emissions from Shale Plays
S&P Global Commodity Insights, a leading provider of information and benchmark prices for the commodity and energy markets, has just launched its new Platts monthly Methane Intensity calculations and corresponding daily methane intensity premiums for 19 separate U.S. natural gas production basins, including the Marcellus/Utica. The new service estimates the volume of methane emissions generated through fossil fuel production by using a single satellite kitted out with something called a TROPOspheric Monitoring Instrument (TROPOMI). How accurate will the estimates be?
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