growing their fossil fuel business. This is a shocking slap in the face to those worried about the future of our planet to fight global emissions.
. The extensive database, compiled since 2013, tracks the emissions histories of the biggest names in the oil, gas, coal, and cement industries. It breaks down pollution sources into investor-owned companies , state-owned companies , and even entire nation-states. The Carbon Major database is a call for accountability. It underscores the need to expose companies that talk big on climate action but drag their feet in reality. These companies need clear guidelines tied to the Paris Agreement and rigorous monitoring systems so we can see if they’re actually making progress.Researchers at top universities took the Carbon Majors data and created a framework to judge whether companies are aligning themselves with the Paris climate goals.
The Carbon Majors database exposes the disconnect between the Paris Agreement and real-world action. Out of 100 companies analyzed, a shocking 58 increased their emissions output in the seven years after the Paris Agreement compared to the seven years before. This increase is most disturbing in Asia, where 87% of companies assessed have higher emissions, and in the Middle East, where the figure sits at 70% . Europe , South America , Australia , and Africa also show concerning increases.
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