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Fossil Fuel Producers

All articles tagged with #fossil fuel producers

environment-climate-change1 year ago

"57 Companies Responsible for 80% of Global CO2 Emissions Since 2016, Report Finds"

A new report reveals that just 57 companies are responsible for 80 percent of global carbon dioxide emissions, with state-owned entities and investor-owned companies contributing significantly. Despite commitments made in the 2015 Paris Agreement, many of these companies have increased their production, leading to a record high in coal consumption. The report highlights the urgent need for governments to hold these companies accountable and calls for international cooperation through a Fossil Fuel Treaty to end the expansion of fossil fuels and ensure a just transition.

via Engadget|
#carbon-emissions#climate-accountability#environment-climate-change
environment1 year ago

"57 Companies Responsible for Majority of Global CO2 Emissions Since 2016, Report Finds"

A report by non-profit think tank InfluenceMap reveals that 80% of global CO2 emissions from 2016 to 2022 can be attributed to 57 fossil fuel and cement producers, including state-owned firms and investor-owned companies. The top three emitters were Saudi Aramco, Gazprom, and Coal India. Despite commitments to curb climate change, these companies have expanded fossil fuel production, leading to a rise in emissions. The report aims to increase transparency and could be used in legal cases, academic research, and by investors to hold these producers accountable for climate damages.

via Reuters|
#carbon-majors-report#climate-change#co2-emissions
environment-climate-change1 year ago

"Unveiling the 57 Companies Responsible for 80% of Global Carbon Emissions"

A study reveals that just 57 oil, gas, coal, and cement producers are responsible for 80% of global greenhouse gas emissions since the 2016 Paris climate agreement, with most increasing their output of fossil fuels despite pledges to cut emissions. The Carbon Majors Database, compiled by researchers, highlights the significant role of state-controlled corporations and shareholder-owned multinationals in driving the climate crisis, with Chinese state coal production accounting for the largest share of historic global CO2 emissions. The study underscores the need for accountability and action from these energy giants to address the consequences of their activities and mitigate the threat of climate change.

via The Guardian|
#carbon-majors-database#climate-crisis#environment-climate-change
climate-change2 years ago

"U.N. Climate Ambition Summit: Demanding Accountability and Action on Global Emissions"

United Nations Secretary-General António Guterres has been outspoken against fossil fuel producers, accusing them of "profiting from destruction" and urging governments to stop funding coal and new oil and gas projects. However, he has refrained from naming specific countries, highlighting the limitations of diplomatic efforts in addressing urgent global warming issues. Guterres is hosting a Climate Ambition Summit where only countries that have taken action as urged will be given a speaking role, employing a "naming and shaming" approach without explicitly naming anyone. The effectiveness of the United Nations in driving action on climate change remains a question, as national governments and companies must ultimately take action themselves.

via The New York Times|
#antonio-guterres#climate-change#climate-summit