It turned out that half of the carbon release around the world was caused by only 36 fossil fuel companies. A new analysis strengthens the calls for accountability by revealing the effect of these companies on global warming. On the other hand, due to global warming, the world continues to face new and unprecedented abnormalities every year.
36 Company Responsible for HALF OF DIRECTION
According to the study, in 2023, a total of 20 billion tons of carbon emissions associated with fossil fuel production, including Sudi Aramco, Coal India, Exxonmobil, Shell and various Chinese -based energy giants, including 36 major companies. If Saudi Aramco was a country, it would be the fourth largest pollutant in the world in terms of carbon emissions. Exxonmobil is responsible for a carbon release equivalent to Germany’s annual emission.
The International Energy Agency (IEA) announced that the new fossil fuel projects launched after 2021 were incompatible with the goal of reaching a net zero emissions by 2050. However, the report shows that global emissions are still increasing, and that most of the 169 companies in the Carbon Majors database have increased their emissions in 2023, the hottest year recorded at that time.25 of the world’s 36 largest carbon release consist of state -supported companies, while the largest sources of pollution include China, Iran, Russia and the United Arab Emirates. Coal, 41 percent of the emissions calculated in 2023, 32 percent of oil, gas 23 percent and cement is the source of 4 percent. According to Carbon Majors data, two -thirds of the carbon emissions caused by fossil fuels since the Industrial Revolution stem from 180 companies, 11 of whom are no longer exist.
The Earth has to reduce carbon emissions by 45 %by 2030 to maintain the target of limiting temperature to 1.5 ° C. However, the existing data show that large fossil fuel manufacturers have increased the production, aside from cutting.
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