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Wednesday, November 20, 2013

Climate Change - Who is to blame?

The climate change crisis of the 21st century has been caused largely by just 90 companies, which between them produced nearly 63% of the greenhouse gas emissions generated since the dawning of the industrial age, new research suggests.  Half of the estimated emissions were produced just in the past 25 years – well past the date when governments and corporations became aware that rising greenhouse gas emissions from the burning of coal and oil were causing dangerous climate change.

The companies range from investor-owned firms – household names such as Chevron, Exxon and BP – to state-owned and government-run firms. The list of 90 companies included 50 investor-owned firms – mainly oil companies with widely recognised names such as Chevron, Exxon, BP , and Royal Dutch Shell and coal producers such as British Coal Corp, Peabody Energy and BHP Billiton. Some 31 of the companies that made the list were state-owned companies such as Saudi Arabia's Saudi Aramco, Russia's Gazprom and Norway's Statoil. Nine were government run industries, producing mainly coal in countries such as China, the former Soviet Union, North Korea and Poland, the host of this week's talks.Many of the same companies are also sitting on substantial reserves of fossil fuel which – if they are burned – puts the world at even greater risk of dangerous climate change.

"There are thousands of oil, gas and coal producers in the world," climate researcher and author Richard Heede at the Climate Accountability Institute in Colorado said. "But the decision makers, the CEOs, or the ministers of coal and oil if you narrow it down to just one person, they could all fit on a Greyhound bus or two....These entities extract resources from every oil, natural gas and coal province in the world, and process the fuels into marketable products that are sold to consumers on every nation on Earth," Heede writes in the paper.

 Naomi Oreskes, professor of the history of science at Harvard, who has written extensively about corporate-funded climate denial, noted that several of the top companies on the list had funded the climate denial movement.
"For me one of the most interesting things to think about was the overlap of large scale producers and the funding of disinformation campaigns, and how that has delayed action," she said.

We know who does it , we know why they do it but we still do not try to end it. We remain on that Doomsday course.

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