Last Update: 04/05/2026 at 2:50 PM EST
Major Emitters Block Fossil Phaseout
Coverage from Inside Climate News, Pearls and Irritations, and others
Articles
5
Latest Article
02/21
Active Days
32
Executive Summary
Just 32 fossil fuel firms produced half of 2024 CO2 emissions, and many backed the COP30 move that blocked a phaseout roadmap
- 32 oil, gas, coal and cement producers generated about half of global fossil CO2 emissions in 2024
- State-owned and state-controlled firms dominated the top emitters, with 16 or 17 in the top 20
- The top five emitters were Saudi Aramco, Coal India, CHN Energy, National Iranian Oil Co. and Gazprom
- Those five state-controlled firms accounted for about 18 percent of global fossil fuel and cement CO2 emissions
- 17 of the top 20 emitters were controlled by countries that opposed a fossil fuel phaseout roadmap at COP30
- COP30 ended without fossil fuel phaseout language after support from more than 80 countries
- The Carbon Majors data is being used in climate litigation and superfund-style legal efforts
Quick Facts
- What: Reported that 32 firms caused half of emissions
- Where: Globally, with focus on COP30 in Belem
- Why: To show concentrated emissions and policy obstruction
- Who: InfluenceMap and major fossil fuel producers
- When: 2024 emissions data released in 2026
Coverage Timeline: 32 Days
Featured Article
State controlled fossil fuel companies emitted the majority of global fossil CO2 emissions in 2024 worldwide.
Additional Articles
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InfluenceMap released its 2024 Carbon Majors analysis in 2026, showing globally that 32 producers generated over half of fossil CO2 emissions, complicating policy efforts that support widespread heat pump deployment.
Researchers find that in 2024 a small group of state-owned and investor-owned fossil fuel producers accounted for the majority of historical and recent CO2 emissions worldwide.
The Carbon Majors report released by InfluenceMap in 2026 finds that 32 fossil fuel companies produced half of global CO2 emissions in 2024.
Carbon Majors reported in January 2026 that 32 major fossil fuel producers dominated 2024 emissions and helped derail fossil fuel phaseout plans at COP30 in Belem.