Everybody is jumping on the Reparations Bandwagon these days. The Climate Change nuts are unbelievable. They want money for free. They keep quoting studies that they make up.
A new study by the environmental research group One Earth estimates the world’s top fossil fuel companies have emitted around 36% of all global emissions since 1988. That amounts to 403,092 metric tons of CO2 emissions, based on the group’s 2023 analysis that builds on the Carbon Majors 2018 data set.
The aim of the study is to provide, for the first time, a methodology to quantify the economic impacts of individual companies’ damage to the climate. Estimates for the reparations are conservative, as they do not take into account factors including lives and livelihoods lost, species extinction, and biodiversity loss.
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