Just 36 companies account for 50% of global CO2 emissions, report reveals

Serving tech enthusiasts for over 25 years.TechSpot means tech analysis and advice you can trust The big picture: A recent analysis of emissions data from the Carbon Majors database has revealed a troubling trend: emissions from the world's largest oil, gas, coal, and cement producers increased in 2023 compared to the previous year. This rise is particularly alarming given the overwhelming scientific evidence linking greenhouse gas emissions to catastrophic global warming. The data indicates that over 50 percent of these emissions can be attributed to just 36 high-emitting companies, with state-owned enterprises playing a significant role. In 2023, 93 companies in the database increased their emissions, including 50 investor-owned firms. State-owned enterprises dominated global emissions, with 16 of the top 20 state-owned emitters contributing 52 percent. Chinese companies were particularly prominent, accounting for 23 percent of global fossil fuel and cement-related CO₂ emissions, ... Read full article.