Final yr was the most popular on file and the Earth is headed in the direction of a world warming of two.7 levels, but prime fossil gas and cement producers present a disregard for climate change and actively make issues worse. A brand new Carbon Majors Database report discovered that simply 57 firms had been accountable for 80 % of the worldwide carbon dioxide emissions between 2016 and 2022. Thirty-eight % of complete emissions throughout this era got here from nation-states, 37 % from state-owned entities and 25 % from investor-owned firms.
Almost 200 events adopted the 2015 Paris Agreement, committing to cut back greenhouse gasoline emissions. Nonetheless, 58 of the 100 state- and investor-owned firms within the Carbon Majors Database have elevated their manufacturing within the years since (The Local weather Accountability Institute launched Carbon Majors in 2013 to carry fossil fuel producers accountable and is hosted by InfluenceMap). This quantity represents producers worldwide, together with 87 % of these assessed in Asia, 57 % in Europe and 43 % in North America.
It isn’t a transparent case of issues slowly turning round, both. The International Energy Agency discovered coal consumption elevated by eight % over the seven years to eight.3 billion tons — a file excessive. The report names state-owned Coal India as one of many prime three carbon dioxide producers. Russia’s state-owned power firm Gazprom and state-owned oil agency Saudi Aramco rounded out the trio of worst offenders.
Exxon Mobil topped the listing of United States firms, contributing 1.4 % of worldwide carbon dioxide emissions. “These firms have made billions of {dollars} in income whereas denying the issue and delaying and obstructing local weather coverage. They’re spending thousands and thousands on promoting campaigns about being a part of a sustainable answer, all of the whereas persevering with to put money into extra fossil gas extraction,” Tzeporah Berman, Worldwide Program Director at Stand.earth and Chair at Fossil Fuel Non-Proliferation Treaty, mentioned in an announcement. “These findings emphasize that, greater than ever, we want our governments to face as much as these firms, and we want new worldwide cooperation via a Fossil Gas Treaty to finish the enlargement of fossil fuels and guarantee a very simply transition.”
Trending Merchandise
