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https://www.euronews.com/green/2025/04/24/scientists-say-they-can-now-calculate-the-trillions-in-climate-damage-caused-by-fossil-fue>
"The world's biggest corporations have caused $28 trillion (€25 trillion) in
climate damage, a new study estimates.
It is part of an effort to make it easier for people and governments to hold
companies financially accountable, like the tobacco giants have been.
A Dartmouth College research team came up with the estimated pollution caused
by 111 companies, with more than half of the total dollar figure coming from 10
fossil fuel providers: Saudi Aramco, Gazprom, Chevron, ExxonMobil, BP, Shell,
National Iranian Oil Co., Pemex, Coal India and the British Coal Corporation.
For comparison, the total amount is just a shade less than the sum of all goods
and services produced in the United States last year.
At the top of the list, Saudi Aramco and Gazprom have each caused slightly more
than $2 trillion (€1.8 trillion) in heat damage over the decades, the team
calculated in a study published in Wednesday's journal
Nature.
The researchers figured that every 1 per cent of greenhouse gas put into the
atmosphere since 1990 has caused $502 billion (€441 billion) in damage from
heat alone, which doesn't include the costs incurred by other extreme weather
such as hurricanes, droughts and floods."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
