10/17/2018 What You Should Know About the 100 Companies that are Responsible for 71% of Carbon EmissionsRead NowJust 100 Companies are responsible for 71% of carbon emissions worldwide, according to a 2017 report. As consumers, if we want them to stop producing so much emissions, we need to stop investing in them. So let’s start by looking at who those companies are. The top “company” responsible is China’s use of coal. They are responsible for 14.3% of carbon emissions worldwide. Next is the Saudi Arabian Oil Company, Aramco, who are responsible for 4.5%. Gazprom OCO, a Russian natural gas company, produces 3.9%. For the rest of the companies, see the tabs below.
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4. National Iranian Oil Company- 2.3% 5. ExxonMobil Corp- 2.0% 6. Coal India- 1.9% 7. Petroleos Mexicanos, Permex (a petroleum company)- 1.9% 8. Russia's use of Coal- 1.9% 9. Royal Dutch Shell PLC (the gas station)- 1.7% 10. China National Petroleum Corp (CNPC)- 1.6% 11. BP PLC (the gas station)- 1.5% 12. Chevron Corp (oil industry company)- 1.3% 13. Petroleos de Venezuela SA (PDVSA)- 1.2% 14. Abu Dhabi National Oil Co.- 1.2% 15. Poland Coal- 1.2% 16. Peabody Energy Corp (private sector coal company)- 1.2% 17. Sonatrach SPA (oil and gas)- 1.0% 18. Kuwait Petroleum Company- 1.0% 19. Total SA (oil and gas)- .9% 20. BHP Blliton Ltd (mining and petroleum)- .9% 21. ConocoPhillips (oil and natural gas)- .9% 22. Petroleo Brasileiro SA, Petrobas (petroleum)- .8% 23. Lukoil OAO (natural gas, petroleum, etc.)- .8% 24. Rio Tinto (mining)- .7% 25. Nigerian National Petroleum Corp- .7% 26. Petroliam Nasional Berhad, Petronas (petroleum)- .7% 27. Rosneft OAO (oil company)- .7% 28. Arch Coal Inc.- .6% 29. Iraq National Oil Co- .6% 30. Eni SPA (oil and gas)- .6% 31. Anglo American (mining company)- .6% 32. Surgutneftegas OAO (oil and gas)- .6% 33. Alpha Natural Resources Inc (coal and mining)- .5% 34. Qatar Petroleum Corp- .5% 35. PT Pertamina (oil and natural gas)- .5% 36. Kazakhstan Coal- .5% 37. Statoil ASA- .5% 38. National Oil Corporation of Libya- .5% 39. Consol Energy Inc (coal)- .5% 40. Ukraine Coal- .5% 41. RWE AG (electricity and natural gas)- .5% 42. Oil & Natural Gas Corp Ltd- .4% 43. Glencore PLC (trading and mining)- .4% 44. TurkmenGaz (gas)- .4% 45. Sasol Ltd (energy and chemical company)- .4% 46. Repsol SA (global energy company)- .3% 47. Anadarko Petroleum Corp- .3% 48. Egyptian General Petroleum Corp- .3% 49. Petroleum Development Oman LLC- .3% 50. Czech Republic Coal- .3% The Carbon Major Report does not specifically list the last 50 companies, but does notate that those companies are responsible for 7.4% of emissions worldwide. If you've seen all the companies, I'm sure you've noticed a trend. If not, then I'll go ahead and tell you. They're all mainly oil, gas, petroleum, and other non-renewable energy companies and corporations. Something I noticed while looking up some of those companies, is that they things like "We're one of the top incomes for the government" or "Look at our sustainability report." If our top polluters and carbon emissions are coming from non-renewable energy sources, the most definite answer to cutting their emissions is investing into renewable sources like solar, wind, and water. On a large scale, you as a person don't control what energy the world runs on. But you can control how much carbon you use in the world. Here are some things you can do to lower your carbon footprint:
Here are some links and articles that you might find helpful if you want to reduce your carbon footprint, and slowly stop supporting those 100 companies that are ruining our Earth.
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It turns out that just 100 companies are responsible for producing 71% of carbon emissions according to this 2017 Carbon Majors Report. These companies have produced 71% of worldwide emissions from 1988 to 2015. After the UN's recent report that we don't have much time left to save our environment from destruction, the Carbon Major Report has been unearthed and talked about more publicly.
But here's where I start to disagree. Yes, we have to hold those companies accountable. Yes they are a huge part of the problem. But companies want to make money. Normally, if something will make a company richer, they will choose that option, as opposed to something that won't make as much money for them. That means that they must be using more emissions because it means they will make more money. We, as consumers, have the choice and power to make them choose a more eco-friendly route. If we stop investing in those companies, they will want to change so that we will start investing in them again. Yes, we can blame 100 companies for 71% of emissions in the world. We can and will because it is a true fact. What we cannot do, though, is ignore the fact that there is still 29% of the world's emissions not included in that. And we cannot ignore that the report is from 2017. I doubt those companies have cut down on their carbon emissions. Its up to us make them reduce their carbon emissions or else lose money. If they won't listen to the green of the Earth maybe they'll listen to the green of money. Now, if you want to stop supporting those companies, go here.
We probably have all heard about the UN's recent report on the environment at this point, so let me unpack it all for you. If the environment continues in pattern to warm 1.5 degrees by 2040, millions of people will be dead. Yes, people will die from climate change. Oceans will rise, temperatures will be skyrocketing or plummeting, there will be switches between droughts and floods. Our food supplies will be suffering, and multitudes of people will die from starvation, fire, flooding, etc. Many, many species will die, coral reefs will be dead, our environment will be suffocating. Now, here comes the scary part. This is the BEST-case scenario. The International Panel on Climate Change (IPCC) did not put out their study to say, "Hey here is where we are headed, and we need to change it." They put out their study to say, "The Earth can only take another 1.5 degrees of warming. Anything above 2 degrees warmer is genocide to both the Earth and everyone on it." They're telling us that they want the Earth to warm a maximum of 1.5 degrees, because we can't handle anything else. They're advocating that we only let the Earth warm 1.5 degrees so that it doesn't get to 2. So yes, it's worse than it seems. It's horrifying, and overwhelming. I've personally not been able to think about it much this past week because I physically can't. What has been even more horrifying is the reactions this study has gotten. I've seen so many people point the blame towards the 100 companies that are responsible for 71% of carbon emissions, as a way of saying it's not their problem to worry about. I've heard people say "Is it really gonna fix anything?" or "There's nothing we can do." People will die of climate change. The Earth will be sick, and a lot worse than ever before. But we need to make sure that it doesn't die. I personally don't want to die in my 50s because in my teenage years I didn't fight for the Earth and everyone on it. I hope that other people feel this way, and want to change for their lives and the Earth's. That's why I'm typing this out right now. We need to change, and change quickly. Or else. Inspired by this article by the NY Magazine.
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December 2018
Ally
Just looking out for the Earth and everyone who lives on it. |