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The world's biggest companies have caused $28 trillion in climate damage, a new study estimates

  • The world’s largest corporations have caused $28 trillion in climate damage, according to a study by a Dartmouth College research team.
  • Over half of this damage comes from ten fossil fuel providers, including Saudi Aramco and ExxonMobil.
  • The study calculates that every 1% of greenhouse gas emissions since 1990 has caused $502 billion in heat-related damage.
  • Christopher Callahan, the study's lead author, stated that the research aims to clarify accountability for these damages.
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Carbon Copy broke the news in on Wednesday, April 23, 2025.
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