Majority of recent CO2 emissions linked to just 57 producers, report says

By Kate Abnett and Riham Alkousaa
April 4, 2024
Category: Carbon, Climate & Bioenergy
Region: International

BRUSSELS/BERLIN – The vast majority of planet-warming carbon dioxide emissions since 2016 can be traced to a group of 57 fossil fuel and cement producers, researchers said on Thursday. From 2016 to 2022, the 57 entities including nation-states, state-owned firms and investor-owned companies produced 80% of the world’s CO2 emissions from fossil fuels and cement production, said the Carbon Majors report by non-profit InfluenceMap. The world’s top three CO2-emitting companies in the period were state-owned oil firm Saudi Aramco, Russia’s state-owned energy giant Gazprom and state-owned producer Coal India. …InfluenceMap said its findings showed that a relatively small group of emitters were responsible for the bulk of ongoing CO2 emissions, and it aimed to increase transparency around which governments and companies were causing climate change. …Carroll Muffett, CEO the Center for International Environmental Law said the database would improve investors’ and litigators’ ability to track companies’ actions over time.

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