20 companies are responsible for 35 percent of carbon emissions in the modern era, study shows


A new study put 20 of the world's biggest fossil fuels in the spotlight, The Guardian reports. Unsurprisingly, it's not for a very flattering reason.
The analysis by Richard Heede at the Climate Accountability Institute reveals that the 20 companies have contributed to 35 percent of all energy-related carbon emissions since 1965. Among the firms are Chevron, ExxonMobil, and BP, which contributed the second, fourth, and sixth most tonnage of carbon dioxide, respectively. Meanwhile, 12 of the 20 companies are state-owned entities, including Saudi Aramco, Russia's Gazprom, and the National Iranian Oil Company. Aramco leads the pack by a good amount — alone it accounts for more than 4 percent of emissions.
The Guardian reached out to the companies, and several of them replied. Most of them reportedly said they accepted the science of climate change and that they were attempting support the 2016 Paris Agreement, while still dodging around their past roles in creating the current climate crisis.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
"These companies and their products are substantially responsible for the climate emergency, have collectively delayed national and global action, and can no longer hide behind the smokescreen that consumers are the responsible parties," Heede wrote. Read more at The Guardian.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Tim is a staff writer at The Week and has contributed to Bedford and Bowery and The New York Transatlantic. He is a graduate of Occidental College and NYU's journalism school. Tim enjoys writing about baseball, Europe, and extinct megafauna. He lives in New York City.
-
5 educational cartoons about the Harvard pushback
Cartoons Artists take on academic freedom, institutional resistance, and more
By The Week US
-
One-pan black chickpeas with baharat and orange recipe
The Week Recommends This one-pan dish offers bold flavours, low effort and minimum clean up
By The Week UK
-
Merz's coalition deal: a 'betrayal' of Germany?
Talking Point With liberalism, freedom and democracy under threat globally, it's a time for 'giants' – but this is a 'coalition of the timid'
By The Week UK
-
Markets notch worst quarter in years as new tariffs loom
Speed Read The S&P 500 is on track for its worst month since 2022 as investors brace for Trump's tariffs
By Peter Weber, The Week US
-
Tesla Cybertrucks recalled over dislodging panels
Speed Read Almost every Cybertruck in the US has been recalled over a stainless steel panel that could fall off
By Justin Klawans, The Week US
-
Crafting emporium Joann is going out of business
Speed Read The 82-year-old fabric and crafts store will be closing all 800 of its stores
By Peter Weber, The Week US
-
Trump's China tariffs start after Canada, Mexico pauses
Speed Read The president paused his tariffs on America's closest neighbors after speaking to their leaders, but his import tax on Chinese goods has taken effect
By Peter Weber, The Week US
-
Chinese AI chatbot's rise slams US tech stocks
Speed Read The sudden popularity of a new AI chatbot from Chinese startup DeepSeek has sent U.S. tech stocks tumbling
By Peter Weber, The Week US
-
US port strike averted with tentative labor deal
Speed Read The strike could have shut down major ports from Texas to Maine
By Peter Weber, The Week US
-
Biden expected to block Japanese bid for US Steel
Speed Read The president is blocking the $14 billion acquisition of U.S. Steel by Japan's Nippon Steel, citing national security concerns
By Peter Weber, The Week US
-
Judges block $25B Kroger-Albertsons merger
Speed Read The proposed merger between the supermarket giants was stalled when judges overseeing two separate cases blocked the deal
By Peter Weber, The Week US