Since 2016, only 57 corporations have been connected to 80% of greenhouse gas emissions; among the biggest emitters is Coal India
According to a research, only 57 companies that generate cement, gas, oil, and coal are directly responsible for 80% of global greenhouse gas emissions since the 2016 Paris Climate Agreement, as reported by The Guardian.
According to the Carbon Majors Database, which is put together by eminent experts, this powerful group of state-controlled enterprises and shareholder-owned multinationals is the main cause of the climate catastrophe.
After being updated, the database was released on Thursday on an InfluenceMap-hosted website for public access.
It contains an eye-opening comparison of more recent changes following the 2016 Paris Agreement with long-term emissions patterns going back to 1854.
According to The Guardian, the historical record includes 122 organizations that are responsible for 72% of the 1,421 gigatonnes of CO2 emissions that have been caused by cement and fossil fuels since the beginning of the industrial revolution.
According to this long-term research, the largest contribution in the database—14% of historical world CO2 emissions—comes from Chinese state coal production. This is more than three times more than Saudi Aramco’s (third position) and more than double that of the former Soviet Union (second place).
The two largest US corporations, Chevron (3%), and ExxonMobil (2.8%), are next, followed by the National Iranian Oil Company and Gazprom, a Russian company. According to the research, BP and Shell, two investor-owned European companies with a combined share of over 2 percent, come next, followed by Coal India.
