Naming Names: The 90 Companies Destroying Our Planet
Narrow it down to the real power-brokers and decision-makers—the CEO’s of fossil fuel companies or the energy ministers from the largest petro-states—says climate researcher Richard Heede, and the actual individuals most responsible for the political world’s continued refusal to address the planetary crisis of climate change “could all fit on a Greyhound bus or two.”
In a newly compeleted study by Heede and his colleagues at the Climate Accountability Institute, their analysis shows that a mere 90 companies, some private and some state-owned, account for a full two-thirds of all greenhouse gas emissions that are now driving perilous rates of global warming.
Offered in advance to the Guardian newspaper, which created an interactive representation of the study’s findings, the report comes as climate negotiators from around the world continue talks in Warsaw, Poland this week in the latest (what looks so far like a failed) attempt to solidify an emissions agreeement designed to stave off the worst impacts of climate change this century.
As the Guardian’s Suzanne Goldenberg reports:
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Though the global public has been flooded with one scientific research paper after another warning of the perils of not addressing the role of carbon emissions, experts agree that the political will on the state, national, and global level has simply not been created.
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The reason for that, of course, is the stranglehold that the very profitable fossil fuel companies—whether state-owned entities or private corporations—retain on the political systems within which they operate. At the global level, that political system is known as the United Nations, but so far the talks taking place in Warsaw are seeing almost no progress on a deal. On Wednesday, the world’s poorest nation’s walked out of the COP19 talks and the wealthiest nations—including the US, Canada, Australia, and the EU states—showing less and less courage despite the increasingly dire warnings from experts and scientists.
Michael Mann, a U.S. climate scientist who spoke to the Guardian about the possible impact of the list, said he hoped it would bring greater scrutiny to the gas, oil and coal companies who are most responsible for past emissions because these are the same companies poised to continue burning the vast carbon reserves still in the ground. “What I think could be a game changer here is the potential for clearly fingerprinting the sources of those future emissions,” he said. “It increases the accountability for fossil fuel burning. You can’t burn fossil fuels without the rest of the world knowing about it.”
And Al Gore added: “This study is a crucial step forward in our understanding of the evolution of the climate crisis. The public and private sectors alike must do what is necessary to stop global warming. Those who are historically responsible for polluting our atmosphere have a clear obligation to be part of the solution.”
The alternative, however—as almost zero progress, and possibly lost ground, has been the result of the last several rounds of international climate talks—is a global uprising from below, led by social justice organizations, environmentalists, and civil society who are willing to act where governments and the private sector have refused.
As Michael T. Klare, an energy expert and professor at Hampshire College, wrote earlier this week at TomDispatch:
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