(OilPrice) A new study set to be published in the journal Climate Change, has determined that just 90 companies are responsible for the current climate change crisis, producing nearly two-thirds of all greenhouse gas emissions since the beginning of the industrial age around the middle of the eighteenth century.
Richard Heede, a climate researcher and author, said that "there are thousands of oil, gas and coal producers in the world. 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."
The study calculated that the 90 firms produced a combined 914 gigatonnes of CO2 between 1751 and 2010, equating to 63% of all emissions. 83 of the companies were energy companies such as Chevron, ExxonMobil, and BP, working in the production of oil, natural gas, and coal; the other seven companies were all cement manufacturers.
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