A study by Climate Accountability Institute suggests that 90 Companies are to blame for up to 70% of carbon dioxide and methane emitted in the past 25 years. Moreover, the study suggests that some of the companies that made into the list, have deliberately invested in spreading misleading claims about climate science.
The list of 90 companies included mainly oil companies such as Chevron, Exxon, BP, and Royal Dutch Shell, as well as coal producers such as British Coal Corp, Peabody Energy and BHP Billiton. Some of the companies were state-owned such as Saudi Arabia’s Saudi Aramco, Russia’s Gazprom and Norway’s Statoil.
Ironically, the Climate Accountability institute has recently received a number of grants from the Rockefeller Fund, controlled by the family whose most of the wealth was created from their investments into Standard Oil, whose largest descendant is the above mentioned Exxon.
Worth to point out, that the study fully focuses on the fuel production companies only (see section 4. Analysis and methods) , completely disregarding another major greenhouse gas emitting industry – namely animal agriculture.