- Only 57 fossil fuels and cement producers have been responsible for most of the world’s CO2 emissions since 2016, according to the Carbon Majors report by InfluenceMap
- Saudi Aramco, Gazprom, and Coal India were the top three CO2-emitting companies during this period.
- InfluenceMap’s database aims to increase transparency around climate change contributors for legal, academic, campaign, and investor purposes.
I think the takeaway is that it’s a lot easier to change the behavior of 57 companies than it is to change the behavior of billions of people and it’s bullshit that individual action is the only proposed solution to climate change under capitalism.
Not just that, but individual action among a sea of intentional obfuscation, green washing, and while still pushing overconsumption.
That’s a nice dream. I hope it can come true, but those 57 companies also own 90% of the US Congress and probably a large swath of the governments in 2nd and third-world countries. The people that need to make them stop are almost literally on their payroll.
Focusing on those 57 companies doesn’t really address that issue though.
These companies sell fossil fuels. If they actually reduce those sales in any significant way we’d still have to figure out how to get all their customers switched to other fuel sources.
There’s a huge demand for their product so when we go after one of them the others take their place and they’re collectively too big to take on all at once.
The most successful strategy seems to be to make them obsolete. We’ve finally been getting to the point where many renewable energy sources are cheaper than fossil fuels. The other big motivator is fear of the control that oil producing nations might have. There’s some element of individual action but it’s more about government policies and market pressure. Take China or the EU, for example. They’ve been shifting heavily away from fossil fuels. Some of that is likely due to the increasing domestic and international concerns about pollution. They’re also both net oil importers.
That may be boring stuff to most people but it really gets the attention of governments that don’t want to be at the mercy of oil exporters. The kind of attention that gets meaningful laws passed.