Summary
In this episode of Navigating Carbon, Deb Ryan speaks with Will Foiles, CEO and Co-Founder of Project Canary, about the critical role of emissions quantification and data quality in the energy sector. They explore the challenges companies face in managing emissions as a liability, the importance of data management, and the evolving regulatory landscape. Will shares insights on the lessons learned from their experiences and discusses future trends in emissions quantification, emphasizing the need for adaptability and granularity in data management.
Takeaways
Emissions are viewed as a liability by companies.
Data sparsity presents significant challenges in emissions quantification.
A one-size-fits-all approach to emissions management is ineffective.
Data quality varies based on the specific problem being addressed.
Companies need to structure their data for future adaptability.
Many companies have haphazard data management systems.
Planning ahead can save costs in the long run.
Regulatory changes necessitate adaptable data systems.
Innovation in emissions quantification requires flexibility.
Granularity in data management is becoming increasingly important.
Bio
Will Foiles is the Co-Founder and Chief Executive Officer of Project Canary, the leading emissions data platform for energy companies.
Prior to founding Project Canary, Will built expertise in financial analysis, energy markets, and data-driven solutions through roles at Bloomberg LP, where he focused on equity valuation and data acquisition projects, and in investment banking at Goldman Sachs. His background in finance, energy, and advanced data methodologies underpins Project Canary’s innovation in emissions management technology.
Will holds an MBA from Stanford Graduate School of Business, an MS in Environment and Resources from Stanford’s Doerr School of Sustainability, an MS in Finance from Villanova School of Business, and a BBA in Real Estate from The University of Georgia’s Terry College of Business. He is also a Chartered Financial Analyst (CFA) Charterholder.
