Top Latin American Oil Companies Contributing to Global CO2 Emissions: Pemex and Others

2024-04-04 16:09:00

Petróleos Mexicanos (Pemex) and seven other Latin American oil companies, including the Brazilian Petrobras, are among the companies that have contributed the most to global carbon dioxide (CO2) emissions, according to an analysis by the InfluenceMap study center released this Thursday.

According to this center, 80% of emissions from the Paris Agreement (2016) until 2022 were linked to 57 producers of fossil fuels and cement, and it also finds that 88% of emissions are linked to a total of 117 producers.

Leading the list of the most polluting companies is the oil company Saudi Aramco, with 4.8% of total global emissions, followed by the Russian Gazprom, with 3.3%, the state coal giant Coal India, with 3%, and the also state-owned National Iranian. Oil Company, with 2.8%.

Pemex, with 1.0% of emissions, is in twelfth place on the list; the Brazilian Petrobras, with 0.8%, in 19th; Petróleos de Venezuela, with 0.6%, in 21st; and the Colombian Ecopetrol, with 0.3%, in 59.

It may interest you: Pemex will invest up to 364 million dollars in well exploration in Tabasco

Pemex among the oil companies that generate the most CO2 emissions worldwide

Respol appears further down, in position 50, with 0.2% of global emissions; the Ecuadorian PetroEcuador, with 0.2%, in 75th place; the Argentine YPF, with the same percentage and in position 77; and the Mexican cement company Cemex, with 0.1%, at 105.

InfluenceMap reminds that more than 72% of carbon dioxide emissions from fossil fuels and cement since the Industrial Revolution can be traced in the database known as Carbon Majors.

The report released today uses this Carbon Majors file to quantify the contribution of the largest oil, gas, coal and cement companies to global carbon emissions, the main driver of climate change.

With information from EFE.

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