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Which fossil fuel companies are most responsible?

PostPosted: Mon Nov 10, 2014 11:17 am
by Oscar
Just 90 companies caused two-thirds of man-made global warming emissions

LINKS: [ http://www.theguardian.com/environment/ ... ate-change ]

Chevron, Exxon and BP among companies most responsible for climate change since dawn of industrial age, figures show

• Interactive - which fossil fuel companies are most responsible? (GRAPHIC)
[ http://www.theguardian.com/environment/ ... nteractive ]

Suzanne Goldenberg, US environment correspondent The Guardian, Wednesday 20 November 2013 16.07 GMT

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QUOTES: “Between them, the 90 companies on the list of top emitters produced 63% of the cumulative global emissions of industrial carbon dioxide and methane between 1751 to 2010, amounting to about 914 gigatonne CO2 emissions, according to the research. All but seven of the 90 were energy companies producing oil, gas and coal. The remaining seven were cement manufacturers.”

“Michael Mann, the climate scientist, said he hoped the list would bring greater scrutiny to oil and coal companies' deployment of their remaining reserves. "What I think could be a game changer here is the potential for clearly fingerprinting the sources of those future emissions," he said. "It increases the accountability for fossil fuel burning. You can't burn fossil fuels without the rest of the world knowing about it."


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NOTE: Numerous LINKS:
[ http://www.theguardian.com/environment/ ... ate-change ]

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Oil, coal and gas companies are contributing to most carbon emissions, causing climate change and some are also funding denial campaigns. Photograph: David Gray/Reuters

The climate crisis of the 21st century has been caused largely by just 90 companies, which between them produced nearly two-thirds of the greenhouse gas emissions generated since the dawning of the industrial age, new research suggests.

The companies range from investor-owned firms – household names such as Chevron, Exxon and BP – to state-owned and government-run firms.

The analysis, which was welcomed by the former vice-president Al Gore as a "crucial step forward" found that the vast majority of the firms were in the business of producing oil, gas or coal, found the analysis, which has been published in the journal Climatic Change. [ http://link.springer.com/journal/10584/122/1/page/1 ]

"There are thousands of oil, gas and coal producers in the world," climate researcher and author Richard Heede at the Climate Accountability Institute in Colorado said. "But the decision makers, the CEOs, or the ministers of coal and oil if you narrow it down to just one person, they could all fit on a Greyhound bus or two."

Half of the estimated emissions were produced just in the past 25 years – well past the date when governments and corporations became aware that rising greenhouse gas emissions from the burning of coal and oil were causing dangerous climate change.

Many of the same companies are also sitting on substantial reserves of fossil fuel which – if they are burned – puts the world at even greater risk of dangerous climate change.

Climate change experts said the data set was the most ambitious effort so far to hold individual carbon producers, rather than governments, to account.

The United Nations climate change panel, the IPCC, warned in September that at current rates the world stood within 30 years of exhausting its "carbon budget" – the amount of carbon dioxide it could emit without going into the danger zone above 2C warming. The former US vice-president and environmental champion, Al Gore, said the new carbon accounting could re-set the debate about allocating blame for the climate crisis.

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[ http://www.theguardian.com/environment/ ... ate-change ]

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Tracing anthropogenic carbon dioxide and methane emissions to fossil fuel and cement producers, 1854–2010

[ http://link.springer.com/article/10.100 ... 013-0986-y ]

Climatic Change - January 2014, Volume 122, Issue 1-2, pp 229-241,
[ http://link.springer.com/journal/10584/122/1/page/1 ]

Richard Heede Date: 22 Nov 2013

» Download PDF (286 KB) » View Article

Abstract

This paper presents a quantitative analysis of the historic fossil fuel and cement production records of the 50 leading investor-owned, 31 state-owned, and 9 nation-state producers of oil, natural gas, coal, and cement from as early as 1854 to 2010. This analysis traces emissions totaling 914 GtCO2e—63 % of cumulative worldwide emissions of industrial CO2 and methane between 1751 and 2010—to the 90 “carbon major” entities based on the carbon content of marketed hydrocarbon fuels (subtracting for non-energy uses), process CO2 from cement manufacture, CO2 from flaring, venting, and own fuel use, and fugitive or vented methane. Cumulatively, emissions of 315 GtCO2e have been traced to investor-owned entities, 288 GtCO2e to state-owned enterprises, and 312 GtCO2e to nation-states. Of these emissions, half has been emitted since 1986. The carbon major entities possess fossil fuel reserves that will, if produced and emitted, intensify anthropogenic climate change. The purpose of the analysis is to understand the historic emissions as a factual matter, and to invite consideration of their possible relevance to public policy.