Nasa scientists have begun tracking the world's largest methane emission spots from space and found sites in the US, Turkmenistan and Iran that are classed as “super emitters”.
Data is being gathered by the Earth Surface Mineral Dust Source (EMIT) mission, which involves a piece of specially designed kit called a spectrometer which was attached to the International Space Station in July.
Nasa said more than 50 “super emitters” of methane gas in Central Asia, the Middle East, and the south-western US have been identified so far. Most of them are connected to the fossil fuel, waste or agriculture sectors.
It found 12 plumes — some more than 32 kilometres wide — from oil and gas infrastructure east of the port of Hazar in Turkmenistan and another methane plume south of Iran's capital Tehran of around 4.8km.
“Some of the plumes EMIT detected are among the largest ever seen — unlike anything that has ever been observed from space,” said Andrew Thorpe, the Jet Propulsion Laboratory (JPL) research technologist leading the EMIT's methane studies.
“What we’ve found in just a short time already exceeds our expectations.”
New Mexico's Permian Basin, one of the largest oilfields in the world, showed a plume of 3.3 kilometres, emitting approximately 18,000 kilograms of methane per hour into the atmosphere.
The Turkmenistan plumes emitted around 50,400kg of methane per hour and the Iranian plume 8,500kg.
To put this in perspective, one of the four Nord Stream pipeline leaks is kicking out 22,920kg of methane per hour and originally had a plume of 520 metres.
“The continuing rise in concentrations of the main heat-trapping gases, including the record acceleration in methane levels, shows that we are heading in the wrong direction,” World Meteorological Organisation head Petteri Taalas said.
The WMO's Greenhouse Gas Bulletin found the biggest year-on-year jump in methane concentrations in 2021 since systematic measurements began nearly 40 years ago on Thursday.
The EMIT programme was designed to gather data on dust and its impact on climate, but Nasa scientists have discovered it can also read methane levels due to how they absorb infrared light. As the ISS orbits Earth, it can gain broad readings of the planet in detail, revealing the extent of known leaks and spotting new ones.
“Reining in methane emissions is key to limiting global warming. This exciting new development will not only help researchers better pinpoint where methane leaks are coming from but also provide insight on how they can be addressed — quickly,” Nasa Administrator Bill Nelson said.
Methane is one of the main drivers of climate change, accounting for about 30 per cent of global warming since the pre-industrial era. The greenhouse gas is 80 times more potent than carbon for warming the planet over a 20-year period.
Even as Covid-19 lockdowns drove carbon emissions down in 2020, methane emissions continued to climb, the US National Oceanic and Atmospheric Administration found.
But unlike carbon dioxide, methane breaks downs in the atmosphere in about 10 years, meaning action to stop it from reaching the ozone layer can make a huge difference.
The UN estimates that human-caused methane emissions may be reduced by as much as 45 per cent this decade, if the right action is taken.
“As it continues to survey the planet, EMIT will observe places in which no one thought to look for greenhouse-gas emitters before, and it will find plumes that no one expects,” said Robert Green, EMIT’s principal investigator at JPL.
The Kites
Romain Gary
Penguin Modern Classics
Company%20profile
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Cryopreservation: A timeline
- Keyhole surgery under general anaesthetic
- Ovarian tissue surgically removed
- Tissue processed in a high-tech facility
- Tissue re-implanted at a time of the patient’s choosing
- Full hormone production regained within 4-6 months
Company Profile
Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million
Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
WHAT IS A BLACK HOLE?
1. Black holes are objects whose gravity is so strong not even light can escape their pull
2. They can be created when massive stars collapse under their own weight
3. Large black holes can also be formed when smaller ones collide and merge
4. The biggest black holes lurk at the centre of many galaxies, including our own
5. Astronomers believe that when the universe was very young, black holes affected how galaxies formed
Emirates Cricket Board Women’s T10
ECB Hawks v ECB Falcons
Monday, April 6, 7.30pm, Sharjah Cricket Stadium
The match will be broadcast live on the My Sports Eye Facebook page
Hawks
Coach: Chaitrali Kalgutkar
Squad: Chaya Mughal (captain), Archara Supriya, Chamani Senevirathne, Chathurika Anand, Geethika Jyothis, Indhuja Nandakumar, Kashish Loungani, Khushi Sharma, Khushi Tanwar, Rinitha Rajith, Siddhi Pagarani, Siya Gokhale, Subha Srinivasan, Suraksha Kotte, Theertha Satish
Falcons
Coach: Najeeb Amar
Squad: Kavisha Kumari (captain), Almaseera Jahangir, Annika Shivpuri, Archisha Mukherjee, Judit Cleetus, Ishani Senavirathne, Lavanya Keny, Mahika Gaur, Malavika Unnithan, Rishitha Rajith, Rithika Rajith, Samaira Dharnidharka, Shashini Kaluarachchi, Udeni Kuruppuarachchi, Vaishnave Mahesh
RESULTS
6pm: Al Maktoum Challenge Round-2 – Group 1 (PA) $55,000 (Dirt) 1,900m
Winner: Rajeh, Antonio Fresu (jockey), Musabah Al Muhairi (trainer)
6.35pm: Oud Metha Stakes – Rated Conditions (TB) $60,000 (D) 1,200m
Winner: Get Back Goldie, William Buick, Doug O’Neill
7.10pm: Jumeirah Classic – Listed (TB) $150,000 (Turf) 1,600m
Winner: Sovereign Prince, James Doyle, Charlie Appleby
7.45pm: Firebreak Stakes – Group 3 (TB) $150,000 (D) 1,600m
Winner: Hypothetical, Mickael Barzalona, Salem bin Ghadayer
8.20pm: Al Maktoum Challenge Round-2 – Group 2 (TB) $350,000 (D) 1,900m
Winner: Hot Rod Charlie, William Buick, Doug O’Neill
8.55pm: Al Bastakiya Trial – Conditions (TB) $60,000 (D) 1,900m
Winner: Withering, Adrie de Vries, Fawzi Nass
9.30pm: Balanchine – Group 2 (TB) $180,000 (T) 1,800m
Winner: Creative Flair, William Buick, Charlie Appleby
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”