Can satellites keep companies honest on emissions?

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Financial Times 15h ago

Can satellites keep companies honest on emissions? - Financial Times

Quick Summary:

In theory, companies should have reported higher numbers, because the systems used by Climate Trace may not have captured all of their emissions.

As his team showed in a 2023 study, current methods of CO₂ reporting give companies extensive flexibility on how they estimate their emissions, creating risks of systematic under-reporting.

The authors calculated total detected emissions for 279 companies, and compared those figures with the ones that had been reported in their public disclosures.