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Half of world’s CO2 emissions come from 36 fossil fuel firms, study shows (www.theguardian.com)

submitted 1 day ago by MicroWave to c/world

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Summary

Half of the world’s CO2 emissions in 2023 came from just 36 fossil fuel companies, including Saudi Aramco, ExxonMobil, and Shell, according to a new report.

These firms produced over 20 billion tonnes of CO2, worsening the climate crisis despite global commitments to reduce emissions.

State-owned enterprises, especially in China, also dominate the list.

The findings support legal efforts to hold fossil fuel companies accountable for climate damage. Experts warn that continued fossil fuel expansion contradicts net-zero goals, as 2023 was the hottest year on record.

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[–] b3an 2 points 5 hours ago

Good to know all the sacrifices people have made to move away from this in day to day lives… only to find that literally 3 dozen companies are doing far more damage than we could ever make up for.

I get it about the energy, so renewable and nuclear should be used more and more and more.

My last comment here would be that we don’t have good energy storage for these off peak times, that we could use to keep the grid stable without having to resort always to burning fossil fuels to make up the slack. There’s a way to have our cake and eat it too, but we really need to make concerted efforts in energy storage. I feel like this has been neglected too much when we discuss renewables and future energy. Energy storage is paramount to this.

There are some great concepts and even new hot stuff, but, nothing widespread 🥲