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Just 90 companies caused two-thirds of man-made global warming emissions

 
Carbon Emissions

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

 

Powered by Guardian.co.ukThis article titled “Just 90 companies caused two-thirds of man-made global warming emissions” was written by Suzanne Goldenberg, US environment correspondent, for theguardian.com on Wednesday 20th November 2013 16.07 UTC

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 accepted for publication in the journal Climatic Change.

“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.

Leaders meeting in Warsaw for the UN climate talks this week clashed repeatedly over which countries bore the burden for solving the climate crisis – historic emitters such as America or Europe or the rising economies of India and China.

Gore in his comments said the analysis underlined that it should not fall to governments alone to act on climate change.

“This study is a crucial step forward in our understanding of the evolution of the climate crisis. The public and private sectors alike must do what is necessary to stop global warming,” Gore told the Guardian. “Those who are historically responsible for polluting our atmosphere have a clear obligation to be part of the solution.”

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.

The list of 90 companies included 50 investor-owned firms – mainly oil companies with widely recognised names such as Chevron, Exxon, BP , and Royal Dutch Shell and coal producers such as British Coal Corp, Peabody Energy and BHP Billiton.

Some 31 of the companies that made the list were state-owned companies such as Saudi Arabia’s Saudi Aramco, Russia’s Gazprom and Norway’s Statoil.

Nine were government run industries, producing mainly coal in countries such as China, the former Soviet Union, North Korea and Poland, the host of this week’s talks.

Experts familiar with Heede’s research and the politics of climate change said they hoped the analysis could help break the deadlock in international climate talks.

“It seemed like maybe this could break the logjam,” said Naomi Oreskes, professor of the history of science at Harvard. “There are all kinds of countries that have produced a tremendous amount of historical emissions that we do not normally talk about. We do not normally talk about Mexico or Poland or Venezuela. So then it’s not just rich v poor, it is also producers v consumers, and resource rich v resource poor.”

 

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