US EditionHalf of Fossil Fuel Carbon Emissions in 2024 Came From 32 Companies
A report from U.K.-based InfluenceMap finds 32 companies caused over 50% of fossil CO2 emissions in 2024, with 16 state-owned firms leading the output growth.
- On Wednesday, the U.K.-based think tank InfluenceMap reported that just 32 companies accounted for over half of global fossil carbon emissions in 2024 as emissions remain at record levels and concentrate among fewer producers.
- The Carbon Majors database, first developed by researcher Richard Heede and now hosted by InfluenceMap, shows the top emitters fell from 38 companies five years ago to 36 in 2023 and 32 in 2024.
- The database finds historically that the 178 entities tracked have generated 70 percent of fossil CO2 since the Industrial Revolution, with ExxonMobil, Chevron, Shell, ConocoPhillips and BP responsible for 5 percent of 2024 emissions.
- The report warns many major emitting companies are increasing fossil fuel output while lobbying to resist climate policies, as nearly two-thirds of the 32 entities raised emissions compared with 2023.
- Following COP30 last November, Colombia and the Netherlands will co-host an April 28–29 conference in Santa Marta to discuss fossil fuel phaseout, despite opposition from petrostates and major emitters, including Saudi Aramco, Coal India, CHN Energy, National Iranian Oil Co., and Gazprom.
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17 Articles
Half of Fossil Fuel Carbon Emissions in 2024 Came From 32 Companies
As fossil fuel-based carbon dioxide emissions continue to rise to record levels, a new analysis shows that a majority of these emissions can be traced back to a shrinking number of large corporate entities. Just 32 companies accounted for over half of global fossil carbon emissions in 2024, according to a report published Wednesday by […]
Thirty-two fossil fuel companies alone account for half of the world's greenhouse gas emissions, including giants such as the American Chevron or Exxon or the British BP, but also public companies: the latter account for the majority of the rankings.
Eldiario.es
elDiarioAROne study reveals that the group adds only 32 corporations and that 17 of the 20 most polluting are state-owned, which explains the international blockade of the reduction of fossil fuels that weighs on the negotiations to tackle climate change.
At the last UN climate summit, held at the end of last year in the Brazilian city of Belém, the most heated debate focused on the need to push forward a road map to move away from fossil fuels, which are primarily responsible for climate change due to greenhouse gases that release the atmosphere. Replacing these fuels with other, fundamentally renewable sources is the path that science has set out to contain global warming. But the Brazil summit…
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