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Which companies are most heavily linked to CO2 emissions? The ignominious winner is the most prominent group of carbon majors — the world’s largest oil, gas, coal, and cement producers. They are the primary drivers of climate pollution. A new report by InfluenceMap using the iconic Carbon Majors database quantifies cumulative historical emissions from 1854 through 2022. The new analysis of the whole Carbon Majors dataset reveals that over 70% of global fossil fuel and cement CO2 emissions since the Industrial Revolution can be traced to 78 corporate and state producing entities. Over the same period, just 19 entities contributed 50% of these CO2 emissions.
The Carbon Majors datashows that there was a gradual shift in coal supply in the period after the Paris Agreement from investor-owned companies to state-controlled entities. According to the IEA, global coal consumption increased by almost 8% …