Home

Translate

Open Translation

WASHINGTON, DC: According to new analysis, 80 percent of global CO2 emissions produced since the Paris Agreement have been the responsibility of 57 corporate and state entities.

Countries and their state-owned companies account for 75 percent of the total while investors make up the rest.

Based on a dataset first established in 2013 by Richard Heede of the Climate Accountability Institute, 78 percent of corporate and state-producing entities have been responsible for over 70 percent of total global fossil fuel and cement CO2 emissions between 1854 and 2022.

China tops the historic list followed by the USSR, Saudi Aramaco, Chevron, Exxon Mobil, Gazprom, Iranian National Iranian Oil Company, BP, Shell and Coal India.

Since 2016, the largest emissions producers are Saudi Aramco, Gazprom, Coal India, National Iranian Oil Company, Rosneft, China National Oil Company, Abu Dhabi National Oil Company, ExxonMobil, Iraq National Oil Company and Shell.

"Richard Heede's landmark Carbon Majors research transformed the landscape of climate accountability by using the fossil fuel industry's own reported production and operation figures to calculate and expose the true scale of its role in the climate crisis,” says Carroll Muffett, president and CEO of the Washington, DC-based Center for International Environmental Law.

Other key findings include:

• Chevron, ExxonMobil, BP, Shell and ConocoPhillips are responsible for 11.1 percent of historical fossil fuel and cement CO2 emissions.

• The top five state-owned companies: Saudi Aramco, Gazprom, the National Iranian Oil Company, Coal India and Pemex (Mexico), are responsible for 10.9 percent of historical fossil fuel and cement CO2 emissions.

• Coal supply has shifted from investor-owned to state-owned entities as the former cut emissions 28 percent from 2015 to 2022 while the latter increased production and subsequent emissions 29 percent.

"The Carbon Majors research shows us exactly who is responsible for the lethal heat, extreme weather, and air pollution that is threatening lives and wreaking havoc on our oceans and forests,” comments Tzeporah Berman, International Program director at Stand.earth and chair of the Fossil Fuel Non-Proliferation Treaty.

Berman claims the producers continue to earn billions of dollars while deflecting the problem with advertising campaigns about being part of a sustainable solution. “These findings emphasize that, more than ever, we need our governments to stand up to these companies,” she adds.
Story Type: News

Vote for my Story

Our Rating: 9% - 1 votes

1000 Characters left


Latest News

May 25, 2024
Transportation Editor

European Commission sets deadline for airline greenwashing claims

BRUSSELS: The European Commission has asked 20 European airlines to respond to greenwashing charges by the European Consumer Association (BEUC) in relation to their marketing of Sustainable Aviation Fuel. Alerted by BEUC in 2023, the Commission and the…
May 23, 2024
Energy Editor

U.S. corporate collusion ignores climate chaos for profit

WASHINGTON, DC: A report by advocacy non-profit group Oil Change International (OCI) says Chevron, ExxonMobil, Shell, TotalEnergies, BP, Eni, Equinor, and ConocoPhillips have no plans to meet the Paris Agreement goal of limiting global warming to 1.5°C. All…
April 18, 2024
Biodiversity Editor

Humans face 19 percent drop in income from climate impact.

POTSDAM, Germany: According to scientists at the Potsdam Institute for Climate Impact Research (PIK), climate change is going to cost the world economy US$38 trillion a year annually to 2050. Based on empirical data from more than 1,600 regions worldwide over…
April 09, 2024
People Editor

Top European court says ignoring climate impact violates human rights

STRASBOURG: The European Court of Human Rights has, for the first time in law, acknowledged government failure to implement sufficient measures to combat climate change. A case brought by the Swiss Climate Seniors Association (SCSA) claimed Swiss authorities…
April 05, 2024
Transportation Editor

Watchdog claims box carriers profit from EU carbon emissions charge

BRUSSELS: Following the introduction of the world’s first carbon market for maritime shipping in January, a study by Transport & Environment (T&E) suggests container shipping companies are making significant profits from charging customers a surcharge to…
March 19, 2024
Food Editor

Still butchering the planet

LONDON, UK: A report by environmental organisation Feedback says the world’s 55 largest industrial livestock companies have received over US$615 billion in financing since the Paris Agreement was signed in 2016. As of March 2023, it included US$287.8 billion…
February 28, 2024
People Editor

83 million Americans breathe unhealthy air

BROOKLYN, NY/SAN DIEGO, CA: A report from research and technology company First Street finds 83 million Americans are exposed annually to air quality thresholds categorized as “unhealthy” by the U.S. Environmental Protection Agency’s (EPA) Air Quality Index.…
February 22, 2024
People Editor

Nearly 50 million Americans deny climate change

ANN ARBOR, MI/CHICAGO, IL: A study by the University of Michigan School for Environment and Sustainability (SEAS) has concluded 12-26 percent of Americans, depending on location, deny the reality of climate change. The researchers used Twitter (now X) data…
February 21, 2024
Biodiversity Editor

UAE renewables deal needs US$8 trillion

DUBAI/BERLIN: Abu Dhabi National Oil Company CEO and COP28 president Sultan Al-Jaber says he will work with the presidents-designate of COP29 (Azerbaijan) and COP30 (Brazil) to ensure the tripling of investment in renewables agreed in Dubai last December.…
February 19, 2024
People Editor

US$281 billion war profit in two years

LONDON: Five fossil fuel majors have made over US$281 billion net profit since Russia’s invasion of Ukraine two years ago. According to a new analysis by Global Witness, Shell, BP, Chevron, ExxonMobil and TotalEnergies paid US$200 billion to shareholders in…
February 15, 2024
Manufacturing Editor

New CMA CGM feeder fleet designed for less CO2

MARSEILLE: CMA CGM has taken delivery of the first of 10 dual-use 2,000 TEU container vessels to operate on Mediterranean and Northern Europe routes. Initially powered by LNG to reduce sulfur oxide emissions by 99 percent, nitrogen oxide 92 percent and fine…
February 10, 2024
Biodiversity Editor

Greenland ice loss threatens collapse of Atlantic current

PASADENA, CA: A study published in Nature has found the Greenland Ice Sheet lost 20 percent more ice over the past four decades than previously thought. The conclusion follows a 2023 study in Earth System Science suggesting ice losses from Antarctica and…

We are using cookies

By continuing you are agreeing to our use of cookies

I understand