Oil companies’ emissions set to cause 17 million heat deaths
Published On : 2024-11-21T23:14:42+0530 [ IST ] |
Author : Mayur_Tembhare
Reading Time : 2 mins
Home
Court Conflicts
Booked
None :
BATHINDA: Fossil fuel companies that have sent lobbyists to COP summits produced enough oil and gas since the 2015 Paris Agreement to cause 17 millionheat deaths.
A total of 104 oil and gas producing companies sent lobbyists to the three COP summits that preceded the current talks in Baku. Since the Paris Agreement was signed in December 2015 carbon emissions from these companies’ oil and
Global Witness stated that top five Western oil majors – Shell BP TotalEnergies ExxonMobil and Chevron – have all sent lobbyists to COP talks. Between them these companies have produced enough oil and gas since the Paris Agreement
Dominic Eagleton senior fossil fuels campaigner at Global Witness said: “Including oil companies in talks that should aim to phase out their deadly products creates a life-threatening conflict of interest which governments should end by shutting the industry out of climate policymaking.
Global Witness’s analysis is based on the mortality cost of carbon model devised by academics at Columbia University which predicts there will be 226 excess heat deaths worldwide from 2020 to 2100 for every million tonnes of carbon emitted in the year 2020.
Fossil fuel emissions are by far the biggest contributor to the climate crisis which is making heatwaves more frequent, more intense and longer lasting. Poorer countries bearing the brunt of extreme weather are forced to cover the costs of climate destruction even though they are least responsible and least able to pay.
Fossil fuel companies that attended the previous three COP summits that currently have no obligation to pay for the climate damage they cause made $2.6 trillion profits from oil and gas production since the Paris Agreement was signed.
This would cover half of the climate damage costs in developing countries over this period which are estimated at $400 billion per year.
At this year’s COP29 summit in Baku fossil fuel lobbyists received more passes more passes than all the delegates from the 10 most climate vulnerable nations combined giving the industry a stronger presence than countries on the frontline of climate breakdown.
Global Witness said it approached Shell BP TotalEnergies ExxonMobil and Chevron for comment on these findings. Shell and TotalEnergies declined the opportunity and the other companies did not respond.
Global Witness’s heat deaths analysis is based on the mortality cost of carbon model mortality cost of carbon model developed by academics at Columbia University. This predicts there will be 226 excess heat deaths worldwide from 2020 to 2100 for every million tonnes of carbon emitted in the year 2020. It used a wider range of emissions for the period 2016 to 2024
Ready to master stock valuation? ET's workshop is just around the corner!
Source : Reporters From Sunrise Chronicles
Tags : climate226 excess heat deaths worldwide , fossilcop summits produced enough oil , Paris Agreement , witness“ including oil companies , Fossil , At , Western , Baku , carbontop five western oil majors – shell , companies226 excess heat deaths worldwide ,
Summary :
BATHINDA: Fossil fuel companies that have sent lobbyists to COP summits produced enough oil and gas since the 2015 Paris Agreement to cause 17 millionheat deaths.
A total of 104 oil and gas p
