Posted on 04/24/2025 5:36:51 AM PDT by Oldeconomybuyer
WASHINGTON (AP) — The world’s biggest corporations have caused $28 trillion in climate damage, a new study estimates as 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, $28 trillion is 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 a bit more than $2 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% of greenhouse gas put into the atmosphere since 1990 has caused $502 billion in damage from heat alone, which doesn’t include the costs incurred by other extreme weather such as hurricanes, droughts and floods.
People talk about making polluters pay, and sometimes even take them to court or pass laws meant to rein them in.
(Excerpt) Read more at apnews.com ...
Climate change + Associated press = no point in even posting.
Bend over, Taxpayers......
The AP sooo fits the phrase, “ You will never find a more wretched hive of scum and villainy.”
I would add, “...who never will understand even the most elementary rule of science.”
The AP. Garbage.
Who were the net beneficiaries of their products?
That’s way too much money for our lawyer class to pass up.
“the present generation cannot rightly judge any past generation until a future generation can judge the present generation” L.Star
Congress has done 36 trillion dollars worth of damage
So, there. NYAH
Eh? Pee!
During my life of 77 years, I have caused over 30 TRillion dollars of climate damage from rancid farts.
I am waiting to be sued.
Bring it , you crazy bastids.
Climate i s always changing and man has not inffluenced the worlds climate at all. The conditions they complain on are local.
How could we have millions of Buffalo roaming the the west and they did no damage to the climate?
WITHOUT EVIDENCE!
WITHOUT EVIDENCE!
A ‘new study’ by a bunch of white liberal ‘elites’ who hate our country and reported by AP - - another group that hates our country?
And this is credible why?
Let’s compare that to how much monetary damage the associated press has caused by their sociopathic dishonesty, distortion and no-integrity “reporting”?
That’s just about the size of People’s Republic of China national debt. interesting.
If you want to improve the environment you should hope that more manufacturers come back to America
I didn’t read the list.
How many of China’s new coal power plants are on this list?
Just following the fake news template. More BS.
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