Half of CO2 emissions come from just 32 fossil fuel firms, study shows
3 months ago
- #carbon emissions
- #fossil fuels
- #climate change
- 32 fossil fuel companies responsible for half of global CO2 emissions in 2024.
- Saudi Aramco and ExxonMobil top polluters, state-owned firms dominate emissions.
- Critics accuse companies of sabotaging climate action and resisting phaseout plans.
- Emissions continue to rise post-pandemic, 45% cut needed by 2030 for Paris goals.
- Recent mergers in oil sector increase concentration of emissions among fewer firms.
- Legal actions and studies link fossil fuel emissions to climate damages and heatwaves.
- International efforts push for fossil fuel phaseout and corporate accountability.