The vast majority of planet-warming carbon dioxide emissions since 2016 can be traced to a group of 57 fossil fuel and cement producers, researchers said recently. From 2016 to 2022, the 57 entities including nation-states, state-owned firms and investor-owned companies produced 80 per cent of the world's CO₂ emissions from fossil fuels and cement production, said the Carbon Majors report by non-profit think tank InfluenceMap. The report found most companies had expanded their fossil fuel production since 2015, the year when nearly all countries signed the UN Paris Agreement, committing to take action to curb climate change. Since then, while many governments and companies have set tougher emissions targets and rapidly expanded renewable energy, they have also produced and burned more fossil fuels, causing emissions to rise.

Source: https://www.reuters.com/