Comment by Deukhoofd
6 hours ago
That factoid always hides the real issue. The biggest reason that that factoid is true is that the 100 biggest companies includes a large amount of the fossil fuel industry, and that that industry produces most emissions in the world. A company like Saudi Aramco produce 4% of global emissions.
We need to reduce our dependency on fossil fuels.
For full clarity, it's also not the 100 biggest corporations that produce most emissions, but the 100 biggest companies. A massive amount of the global emissions are done by state-owned companies.
> We need to reduce our dependency on fossil fuels.
Unfortunately the United States is currently ruled by a death cult that sees any further push to renewables as capitulation to China and is dedicated to burning fossil fuels until they are fully gone.
See, for example:
https://www.youtube.com/shorts/sbvp4ULD6GI
And while this part is less explicitly stated, I'm convinced they aren't ignorant of the devastating results of this policy, they just intend to profit off it rather than mitigate the harms, thus the stated interest in taking Greenland, Canada, etc.
They know things are going to get really bad, but they also know their own wealth will at least in the short term shield them from much personal exposure to the harm that will increasingly immiserate everyone else.