A report revealed that 36 fossil fuel companies are responsible for over half of the world's carbon emissions, producing more than 20 billion tonnes of CO2 in 2023 alone. This has intensified calls for accountability from such companies, as global emissions must drop significantly to combat climate change. The report indicates that many of these companies increased their emissions in response to rising demand and failed to implement substantial emission cuts. If the world is to meet its climate goals, urgent action is required, shifting from fossil fuel reliance to decarbonized systems.
"The 36 major fossil fuel companies produced more than 20bn tonnes of CO2 emissions in 2023, highlighting their substantial impact on climate change."
"If Saudi Aramco was a country, it would rank as the fourth biggest polluter globally, serious ramifications for global climate commitments."
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