“Fossil fuel firms clearly play a major role in the climate emergency. A major report released in 2017 attributed 70% of the world’s greenhouse gas emissions over the previous two decades to just 100 fossil fuel producers. An update last year outlined the top 20 fossil fuel firms behind a third of emissions” – BBC World News
A groundbreaking ‘Carbon Majors’ research report found 100 active fossil fuel producers including ExxonMobil, Shell, BHP Billiton and Gazprom are linked to 71% of industrial greenhouse gas emissions since 1988.
Carbon Majors Database is the most comprehensive dataset of historic company greenhouse gas (GHG) emissions ever compiled. Almost a third (32%) of historic emissions come from publicly listed investor-owned companies, 59% from state-owned companies, and 9% from private investment.
Over half of global industrial emissions since 1988 can be traced to just 25 corporate and state producers.
Fossil fuel companies and their products have released more emissions in the last 28 years than in the 237 years prior to 1988.
Over half (52%) of all global industrial GHGs emitted since the start of the industrial revolution in 1751, have been traced to these 100 fossil fuel producers.
Public investor owned companies such as ExxonMobil, Shell, BP, Chevron, Peabody, Total, and BHP Billiton. State-owned entities such as Saudi Aramco, Gazprom, National Iranian Oil, Coal India, Pemex, CNPC and Chinese coal, of which Shenhua Group & China National Coal Group are the key players.
Looking further back in time, the report also points towards a doubling in the contribution of fossil fuels to climate change since 1988. All fossil fuel company operations and products worldwide have released more emissions in the last 28 years than in the 237 years previously: 833 GtCO2e in the 28-year period from 1988 to 2015, compared with 820 GtCO2e in the 237 years between 1988 and the birth of the industrial revolution, measured from 1751. Including all historical years of data2, the database captures nearly one trillion tonnes (923 billion) of GHGs from the 1003 producers, which amounts to 52% of all industrial GHGs ever emitted
If the trend in fossil fuel extraction continues over the next 28 years as it has over the last 28, global average temperatures would be on course to rise by 4ºC by the end of the century – likely to entail substantial species extinction and large food scarcity risks worldwide.
The report also shows that these global-scale emissions are concentrated over a small number of producers. From 1988 to 2015, just 25 fossil fuel producers are linked to 51% of global industrial GHG emissions.
Here is a PDF of the Report…
I am posting four graphs. Each graph shows a trend in gases which “tend” – and in most cases do – absorb infrared light from the Earth and trap it in the atmosphere. It then warms our planet. The first graph is of carbon dioxide. Do you think it has risen like this, naturally? No. It hasn’t. It can be identified with fossil fuels, through isotopic spectroscopy and seasonal changes.
The next graph is of sulfer hexafluoride. I worked with this gas, studying its infrared properties at the University of Illinois at Chicago. It has many modes of absorbing infrared radiation from the Earth if released.
Do you believe this rise over time is “natural”? It’s not. Where does this gas come from? From fossil fuel producers and fossil fuel burning.
The next graph is methane, which absorbs infrared radiation for a very long time, releasing it and increasing our global temperatures. Do you think that rise in methane is “natural”? It’s not. It doesn’t mainly come from cows or human excrement. It comes from the fossil fuel industry, directly.
Finally, the fourth graph of nitrous oxide. It is also a “greenhouse” gas and tracked as such. Do you think that rise in atmospheric nitrous oxide is “natural”. No, it’s not.