31% OF THE WORLD’S GREENHOUSE GAS EMISSIONS FROM 32 ENERGY COMPANIES

According to a new report, Global 500 Greenhouse Gas Report: The Fossil Fuel Energy Sector, 31% of the world’s annual GHG emissions can be attributed to the operations and use of the products of 32 companies, ranked in the report. It is important to note that the calculations include emissions from “scope 3 use of product”, which accounts for the high percentage, and which leads the authors to state: “It is these companies’ value chains, and their customers in particular (which includes all fossil fuel users), which bear a burden of leadership and environmental stewardship, and it is the purpose of this report to bring transparency to the role of this sector to help us all manage our collective GHG footprint.”   Of the named companies, Gazprom was the single biggest emitter, producing 1.26 billion tonnes of greenhouse gases in 2013, (roughly equivalent to Japan’s annual emissions). Coal India was 2nd by far, producing 820 million tonnes. The next biggest emitters, in rank order: Glencore, Petrochina, Rosneft, Royal Dutch Shell and Exxon Mobil.

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