The weight of the world's carbon emissions rests on the shoulders of a remarkably small group of companies. According to a new report from the Carbon Majors database, just 32 firms are responsible for more than half of global CO2 emissions from fossil fuel and cement production in 2024.
These companies, which include state-owned and investor-owned giants alike, have significantly reduced their number since last year, but their collective output has grown. The top 10 emitters account for a staggering 27.6% of global fossil fuel CO2 emissions, with all of them being fully or majority state-owned. This dominance is striking, with 70 active state-owned companies contributing to half of the world's emissions.
China leads the way, with five of its state-owned companies among the top 10 emitters. Russia and Saudi Arabia also feature prominently, with their state-owned oil companies accounting for significant shares of global emissions.
The good news is that many investor-owned companies have reduced their emissions in recent years. However, ExxonMobil, Chevron, Shell, BP, and ConocoPhillips remain among the top polluters.
This report highlights the importance of data-driven accountability. By tracking historical production data, we can hold these companies responsible for their emissions and potentially prevent catastrophic climate change. Climate attribution studies are also using this data to identify links between corporate emissions and devastating impacts like heatwaves.
The stakes couldn't be higher. As the global average temperature continues to rise, it's becoming increasingly clear that a handful of entities wield outsized power over our climate future. But by harnessing this knowledge, we can regain control and demand action from those who are responsible for the bulk of greenhouse gas emissions.
In fact, some states in the US have already started using this data to support climate superfund bills that would require large fossil fuel companies to fund protections for communities affected by climate change. The power of data is undeniable – it's time to use it to drive meaningful change.
These companies, which include state-owned and investor-owned giants alike, have significantly reduced their number since last year, but their collective output has grown. The top 10 emitters account for a staggering 27.6% of global fossil fuel CO2 emissions, with all of them being fully or majority state-owned. This dominance is striking, with 70 active state-owned companies contributing to half of the world's emissions.
China leads the way, with five of its state-owned companies among the top 10 emitters. Russia and Saudi Arabia also feature prominently, with their state-owned oil companies accounting for significant shares of global emissions.
The good news is that many investor-owned companies have reduced their emissions in recent years. However, ExxonMobil, Chevron, Shell, BP, and ConocoPhillips remain among the top polluters.
This report highlights the importance of data-driven accountability. By tracking historical production data, we can hold these companies responsible for their emissions and potentially prevent catastrophic climate change. Climate attribution studies are also using this data to identify links between corporate emissions and devastating impacts like heatwaves.
The stakes couldn't be higher. As the global average temperature continues to rise, it's becoming increasingly clear that a handful of entities wield outsized power over our climate future. But by harnessing this knowledge, we can regain control and demand action from those who are responsible for the bulk of greenhouse gas emissions.
In fact, some states in the US have already started using this data to support climate superfund bills that would require large fossil fuel companies to fund protections for communities affected by climate change. The power of data is undeniable – it's time to use it to drive meaningful change.
. I mean, we all know fossil fuel giants have been around for ages, but to see them dominate the list is concerning. China, Russia, and Saudi Arabia should take note - those state-owned oil companies need to step up their game! 
. We need more transparency in corporate emissions and climate impact reports. It's not just about holding these companies responsible for their emissions, but also using that data to create real-world change 
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. We need more countries doing the same - it's time to hold these polluters accountable and start making real changes!
, but at the same time, I'm super skeptical 
. Like, how can 32 companies just be responsible for all this carbon emissions? It seems too concentrated, you know? I mean, what if they're just using their influence to distract us from bigger issues?
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. Like, if they're reducing their emissions that's awesome and all, but what about the ones that aren't? Shouldn't we be holding them accountable too? I'm not sure... maybe?
. We should definitely be doing more of that. Maybe it'll inspire some real change 
. But can we also consider the bigger picture here? It's not just about individual companies or governments...
I mean, can you even believe that just 32 companies are responsible for half of the world's CO2 emissions? It's wild! 
And can we please get those investor-owned companies to step up their game? The power is in our hands, folks. Let's use it to create a better future for all! 
but i guess the good news is that some investor-owned companies are finally starting to reduce their emissions , so we've got hope for a better future 
, right ?
It's crazy that only China has made any effort to clean up its act, meanwhile ExxonMobil is still pumping out CO2 like it's going out of style 
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. this data is def crucial in holdin these companies accountable & preventin catastrophic climate change, so yeah its time 2 harness that power & demand action from those responsible 
... anyway, so these 32 companies are basically the worst for the environment and it's crazy how much of a difference they make compared to all the other companies out there. China is like, super bad 
, Russia too... I mean, what's up with that? And don't even get me started on ExxonMobil, Chevron, Shell... these guys are basically climate villains 
. And I guess it's good to know that not all companies are bad news... some of the investor-owned ones have reduced their emissions in recent years.
I mean, can you believe how skewed the emissions are just because a few massive corporations are dominating the energy sector? It's like they're running the show and everyone else is just following along. And what's even more alarming is that these companies are mostly state-owned, which means governments have a huge role to play in shaping their policies.
i mean, that's like a bunch of heavyweights in one tiny group... it's crazy how much power just a few people (or companies) have over our planet's future 
I feel like we're living in a dystopian novel where corporations have more influence over our planet than governments do 
... China, Russia, Saudi Arabia - those guys are getting a bad rep on the climate front 
. But seriously, it's good to see investor-owned companies reducing their emissions, like some of the top polluters are actually stepping up 
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... I mean, have you seen those charts? 
. States in the US are already using this info to push for climate superfund bills 
We're running out of time 
... and I'm not just talking about climate change 
Here are some stats to put it into perspective:
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. It's crazy how much power these companies have over our climate future.
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Can't believe these 32 super polluters are getting away with all that CO2 emissions! 
. It's like, what about all the other corporations out there? Don't they have a say in how much CO2 they release into the atmosphere? 
I mean, we can't just pinpoint blame on a few big firms and expect them to be held accountable alone. What about the smaller companies, the ones that might not even be on this list? They're still contributing to emissions, right? 
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. I mean, we need more transparency here, right? It's crazy that some of these emitters aren't even making an effort to cut back on their emissions. ExxonMobil and Chevron still pumping out greenhouse gases like they're going out of style