Say hello to the next Doomsday Clock: Deutsche Bank has installed what's being hailed as the world's first real-time scientifically-calculated, carbon counter on a billboard outside New York City's Madison Square Garden. Grim stuff, but it's good to know — and for anyone wondering how accurate it is, BusinessGreen has the scoop:
MIT's John Reilly said the counter would lag slightly behind real time as the rate of increase in emissions would be based on data collected on a monthly basis. He also confirmed that the effect of seasonal variations had been stripped out from the data to give a better picture of the underlying rate of interest.Right now the counter's rising at a staggering 800 tons a seconds. If you want a little gloom and doom right in your home, you can even download a widget displaying the same data.
But he insisted that with the counter drawing on measurements from dozens of atmospheric stations around the world, it presented the most up-to-date information on greenhouse gas emissions.
Kevin Parker, global head of Deutsche Bank's Asset Management division, said of the counter at its unveiling: "It will be a huge task to bring global emissions under control and my hope is that putting this data in public view will spur both governments and markets to move us more quickly to a low-carbon economy."