We know who’s profiting from emissions - let’s bill them

Join the discussion:

Research published last month in the journal Climatic Change may provide an essential building block in proving corporate liability for current and future climate change damage.

Researcher Richard Heede found that 90 entities are responsible for an astounding 63%of global carbon emissions. Heede’s eight-year project discovered that Chevron, ExxonMobil, Shell, BP and ConocoPhillips have contributed 12.5% of global carbon emissions. (See also previous post) 

Who pays for the damage?

The Carbon Majors should no longer influence government decision making from behind closed doors. Instead, they need to talk openly with the international community about their contribution to climate change. They need to be held accountable through the Loss and Damage Mechanism.
Read The Conversation here