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Only 100 Companies Are Responsible For 71 Percent of Global Emissions, Says Study (theguardian.com)

An anonymous reader quotes a report from The Guardian: Just 100 companies have been the source of more than 70% of the world's greenhouse gas emissions since 1988, according to a new report. The Carbon Majors Report (pdf) "pinpoints how a relatively small set of fossil fuel producers may hold the key to systemic change on carbon emissions," says Pedro Faria, technical director at environmental non-profit CDP, which published the report in collaboration with the Climate Accountability Institute. The report found that more than half of global industrial emissions since 1988 -- the year the Intergovernmental Panel on Climate Change was established -- can be traced to just 25 corporate and state-owned entities. The scale of historical emissions associated with these fossil fuel producers is large enough to have contributed significantly to climate change, according to the report. ExxonMobil, Shell, BP and Chevron are identified as among the highest emitting investor-owned companies since 1988. If fossil fuels continue to be extracted at the same rate over the next 28 years as they were between 1988 and 2017, says the report, global average temperatures would be on course to rise by 4C by the end of the century. This is likely to have catastrophic consequences including substantial species extinction and global food scarcity risks.

8 of 180 comments (clear)

  1. Terrible misnomer by Excelcia · · Score: 5, Insightful

    They use "linked to" in the very broadest sense. There are less than a hundred major fossil fuel producers in the world, so of course it's "linked" to them. It's not like they are burning it though. It's not like we can just change 100 companies and remove more than half the greenhouse emissions. That's like saying because 70% of the world's greenhouse emissions are produced by 20 countries that it means 70% of the world's greenhouse emissions are linked to only 20 people (the current heads of state for those countries).

  2. wrong by roman_mir · · Score: 3, Insightful

    This is a bullshit report with bullshit ideas and bullshit conclusion.

    A company that provides you with fuel for your car does not actually produce the emissions, your car produces the emissions, you are the one driving it. You are the one eating the food that is produced due to oil companies supplying energy and chemicals, you are the one living in a building heated and lit by whatever energy source that allows you to survive.

    Etc.etc.etc.

    To say that some companies that allow you to live on this planet by providing you with everything you need to live are producing the waste that is actually the result of you existing and consuming all this stuff is propaganda and nothing more. It is aimed at stealing profits from companies that are actually largely responsible for you being alive in the first place.

    1. Re:wrong by rhodium_mir · · Score: 3, Insightful

      Likewise, don't blame me when I press statist infants through a fine mesh screen to create a useful industrial slurry--blame my customers.

      --
      You can't spell "oneiromancy" without "roman".
  3. They're oil companies by Anonymous Coward · · Score: 5, Insightful

    "small set of fossil fuel producers..."

    Yeh, we know, we dig up hydro-carbons and turn it into CO2. How the f*ck does that help to list the oil coal and gas companies?

    If any of them stopped tomorrow, another company would fill the demand, the names would be different but it would make no change.

    The DEMAND for those hydrocarbons is the problem here.

    I just priced solar+storage for my house, why the f*ck am I paying for electricity? I never priced it until I read Slashdot the other day and decided to check the prices and specs for myself. The misleading marketing and political funding these companies do is the problem from these companies, not the hydrocarbons themselves.

  4. Supposedly in 3 years renewables cheaper by Crashmarik · · Score: 1, Insightful

    https://hardware.slashdot.org/...

    So who cares ? Either you believe the B.S. and the problem is already solved
    or you don't and in that case you never believed there was a problem to begin with.

    Personally if the greens want to declare victory and let the world get on with life absent them, they can have their parade.

  5. What about real pollution? by LeftCoastThinker · · Score: 1, Insightful

    Carbon emissions... get back to me when you are interested in real pollution (like China and India are putting out by the metric ton). Anyone who wants to call CO2 emissions a pollutant should be required to try to live without it for a month.

    --
    If you disagree, please post your argument. (-1, Overrated) isn't your personal censorship tool for views you don't like
  6. 100 Companies plus by OrangeTide · · Score: 4, Insightful

    Plus 3-4 billion people. (taking a rough guess as to how many consumers it takes to generate 70% of the world's emissions)

    Point being, the responsibility isn't wholly on corporations. But also on the nations of the world, their governments, and the people of the world.

    --
    “Common sense is not so common.” — Voltaire
  7. Government owned entities are the biggest culprits by randomErr · · Score: 3, Insightful
    Just look at the Top 10:
    1. China (Coal) - 14.3%
    2. Saudi Arabian Oil Company (Aramco) - 4.5%
    3. Gazprom OAO (owned by Russia) - 3.9%
    4. National Iranian Oil Co - 2.3%
    5. ExxonMobil Corp - 2.0%
    6. Coal India - 1.9%
    7. Petroleos Mexicanos (Pemex - owned by Mexico) - 1.9%
    8. Russia (Coal) - 1.9%
    9. Royal Dutch Shell PLC - 1.7%
    10. China National Petroleum Corp (CNPC) - 1.6%

    For consistency why isn't these countries pursues with same venom and vitriol as Exxon and Shell? Exxon, Shell, and all privately held companies are held to much higher environmental standard then anyone of these state owned companies.

    --
    You say things that offend me and I can deal with it. Can you?