"In a time of universal deceit telling the truth is a revolutionary act." -George Orwell

Report: Top 50 Polluters Are Corporations; Produce 75% Of Greenhouse Gases

In Uncategorized on September 21, 2013 at 7:58 pm

Oldspeak: “The worst polluters are mostly energy, materials, and utilities companies… The big emitters are not doing enough to reduce emissions and the top 50 largest emitters have increased their emissions since 2009.” –Claudia Assis

“Exxon Mobil Corp. , Royal Dutch Shell Corp, BP Corp, Chevron Corp., ConocoPhillips Corp , Wal-Mart Stores Inc., FedEx Corp.  , Dow Chemical Corp, AT&T Inc….  Mmm Hmm. The usual suspects. All part of the Transnational Corporate Network. Most bombarding us with self-congratulatory and cheery propaganda films about their continuing efforts to “go green” and how their efforts benefit people and the planet with things like educational opportunities and environmental conservation/protection. Don’t buy the Bullshit. The most extractive and polluting “corporate citizens” are most responsible for the destruction of our planet. Withdraw your support for corporations that are contributing to our destruction whenever you can…” –OSJ

By Claudia Assis @ The Wall Street Journal:

Fifty of the 500 largest publicly traded companies in the world are responsible for nearly three quarters of the group’s greenhouse gas emissions, a report by CDP said Thursday.

CDP, formerly known as the Carbon Disclosure Project, is an international nonprofit group that compiles data on climate change.

According to their latest report, the worst polluters are mostly energy, materials, and utilities companies.

Stateside companies on the top fifty list include oil majors such as Exxon Mobil Corp. XOM , Chevron Corp. CVX  and ConocoPhillips COP , and giants such as Wal-Mart Stores Inc.  WMT , FedEx Corp.  FDX , Dow Chemical Co.  DOW , AT&T Inc. T  and Duke Energy Corp.  DUK .

Multinationals such as Arcelor Mittal  MT , Volkswagen AG  XE:VOW , and Carnival PLC UK:CCL  also made the list.

The big emitters are not doing enough to reduce emissions and the top 50 largest emitters have increased their emissions since 2009, CDP said.

The report, co-authored by consultant PwC, aims to spur companies to better manage their emissions.

Overall emissions of the 1o worst polluters among energy companies have increased by 53%, the CDP said. The sector also has the highest number of companies without emission reduction targets, or 24%.

Exxon, Anglo-Dutch Royal Dutch Shell PLC RDSA , South Africa’s Sasol Ltd. SSL , BP PLC BP , and Brazil’s Petroleo Brasileiro SA PBR , or Petrobras, are the top five biggest emitters in the energy sector.

Follow Claudia Assis on Twitter @ClaudiaAssisMW

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: