illuminem summarizes for you the essential news of the day. Read the full piece on Financial Times or enjoy below:

🗞️ Driving the news: Canadian satellite operator GHGSat is enhancing its ability to monitor methane leaks globally, capitalizing on its fleet of satellites that can detect these emissions using infrared sensors 
• The technology was notably validated by detecting significant leaks from the damaged Nord Stream gas pipeline

🔭 The context: Methane, a potent greenhouse gas, has been increasingly scrutinized due to its significant impact on global warming
• GHGSat's satellites are crucial for identifying and quantifying methane emissions from various sources, including oil and gas operations and natural phenomena

🌍 Why it matters for the planet: Methane is responsible for 30% of the rise in global temperatures since the Industrial Revolution 
• Effectively detecting and reducing methane emissions is a critical step in mitigating climate change, making technologies like GHGSat's increasingly vital

⏭️ What's next: GHGSat plans to expand its satellite fleet and continue collaborating with international agencies like NASA and the European Space Agency to enhance methane monitoring 
• This expansion is crucial for providing actionable data to industries and governments aiming to reduce emissions

💬 One quote: "It’s been a real eye-opener to realize how much of the problem in oil and gas could be readily addressed by different maintenance or operating practices," (Stephane Germain, founder and president of GHGSat)

📈 One stat: In 2023, GHGSat's satellites detected methane emissions equivalent to 0.5 billion tonnes of CO₂, doubling the level from the previous year.

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