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The polluters - the 20 firms behind a third of all carbon emissions

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  • The polluters - the 20 firms behind a third of all carbon emissions

    Revealed: the 20 firms behind a third of all carbon emissions

    Wed 9 Oct 2019 12.00 BST
    by Matthew Taylor and Jonathan Watts


    New data shows how fossil fuel companies have driven climate crisis despite industry knowing dangers

    The Guardian today reveals the 20 fossil fuel companies whose relentless exploitation of the world’s oil, gas and coal reserves can be directly linked to more than one-third of all greenhouse gas emissions in the modern era.

    New data from world-renowned researchers reveals how this cohort of state-owned and multinational firms are driving the climate emergency that threatens the future of humanity, and details how they have continued to expand their operations despite being aware of the industry’s devastating impact on the planet.

    The analysis, by Richard Heede at the Climate Accountability Institute in the US, the world’s leading authority on big oil’s role in the escalating climate emergency, evaluates what the global corporations have extracted from the ground, and the subsequent emissions these fossil fuels are responsible for since 1965 – the point at which experts say the environmental impact of fossil fuels was known by both industry leaders and politicians.

    The top 20 companies on the list have contributed to 35% of all energy-related carbon dioxide and methane worldwide, totalling 480bn tonnes of carbon dioxide equivalent (GtCO2e) since 1965.

    Twelve of the top 20 companies are state-owned and together their extractions are responsible for 20% of total emissions in the same period. The leading state-owned polluter is Saudi Aramco, which has produced 4.38% of the global total on its own.

    Michael Mann, one of the world’s leading climate scientists, said the findings shone a light on the role of fossil fuel companies and called on politicians at the forthcoming climate talks in Chile in December to take urgent measures to rein in their activities.

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    “The great tragedy of the climate crisis is that seven and a half billion people must pay the price – in the form of a degraded planet – so that a couple of dozen polluting interests can continue to make record profits. It is a great moral failing of our political system that we have allowed this to happen.”

    The global polluters list uses company-reported annual production of oil, natural gas, and coal and then calculates how much of the carbon and methane in the produced fuels is emitted to the atmosphere throughout the supply chain, from extraction to end use.

    It found that 90% of the emissions attributed to the top 20 climate culprits was from use of their products, such as petrol, jet fuel, natural gas, and thermal coal. One-tenth came from extracting, refining, and delivering the finished fuels.

    The Guardian approached the 20 companies named in the polluters list. Seven of them replied. Some argued that they were not directly responsible for how the oil, gas or coal they extracted were used by consumers. Several disputed claims that the environmental impact of fossil fuels was known as far back as the late 1950s or that the industry collectively had worked to delay action.

    Most explicitly said they accepted the climate science and some claimed to support the targets set out in the Paris agreement to reduce emissions and keep global temperature rises to 1.5C above pre-industrial levels.

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    All pointed out efforts they were making to invest in renewable or low carbon energy sources and said fossil fuel companies had an important role to play in addressing the climate crisis. PetroChina said it was a separate company from its predecessor, China National Petroleum, so had no influence over, or responsibility for, its historical emissions.

    [The companies’ replies can be read in full here.]




    Full article (The Guardian) - Source...

  • #2
    Outstandingly important issue ❗

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    • #3
      Much of that money going to the Middle East also supports war and terrorism
      Nuclear power is a better option if it is done correctly

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      • #4
        Originally posted by Rusty Seashells View Post
        Much of that money going to the Middle East also supports war and terrorism
        Nuclear power is a better option if it is done correctly
        In a different context... I'd stand back on nuclear. Given the urging current situation, it may be a solution to gain some time.
        Last edited by Rui Pires; 10-10-2019, 03:04 AM.

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        • #5
          I believe that because of France's reliance on nuclear power they have the least amount of carbon emission of any developed country. The problem lies in that the plants are ageing and the cheapest way to replace them is to use carbon fuels. Every nation has economic considerations and the short term benefits often outweigh long term solutions. Generally people expect much from their governments without themselves wanting to make sacrifices or by having cuts in programs that benefit them. Comforts become more paramount. Everyone wants a good life. In undeveloped areas of the world there are those who can only dream about such things.

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          • Folke Holmberg
            Folke Holmberg commented
            Editing a comment
            Out of the ashes into the fire....

        • #6
          Thanks for info brother Rui Pires



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          • #7
            Your heartbeats are rolling all over the 🌏 Amira, so therefore we like you.

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            • #8
              The fuel of the sun to power the world 🌏
              The power of Amira's love to enrich our hearts

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