The analysis, by a group specializing in energy and climate change, indicated that most companies in the sector escalated their production of fossil fuels in the seven years following the 2016 Paris Agreement compared to the seven years preceding it.
According to the report, the top three most polluting companies during this period were state-owned firms
The study also found that 88 percent of carbon dioxide emissions are linked to a total of 117 producers. Notable among these companies are
InfluenceMap said over 72 percent of carbon dioxide emissions from fossil fuels and cement since the Industrial Revolution can be traced back to the database known as Carbon Majors.
The report uses the Carbon Majors dataset to quantify the contribution of major oil, gas, coal, and cement companies to global carbon emissions, the main driver of climate change.
According to the study, most global carbon dioxide emissions produced since the Paris Agreement can be attributed to a small group of major emitters who fail to reduce production.
These 57 corporate and state entities can be linked to 80 percent of carbon dioxide emissions from fossil fuels and cement.
The group said an analysis of the entire dataset revealed that over 70 percent of global carbon dioxide emissions from fossil fuels and cement since the Industrial Revolution can be traced to 78 major corporate and state entities.
Carbon Majors was first established in 2013 by
"The Carbon Majors database is a key tool for attributing climate change responsibility to fossil fuel producers," said InfluenceMap's Program Director
"InfluenceMap's new analysis shows that this group is not slowing down production, and most entities are increasing production after the Paris Agreement," he said.
He said the research provided a crucial link to hold these energy giants accountable for the consequences of their activities. EFE
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