If Saudi Aramco was a country, it would be the fourth biggest polluter in the world after China, the US and India, while ExxonMobil is responsible for about the same emissions as Germany, the world’s ninth biggest polluter, according to the data.
Wouldn’t that be counting the same emissions twice? As the fuel they produce is likely to be used in countries like China, India, Germany. In other words: a calculation as usefull as taking the sum of assets and liabilities in a balance sheet.
It’s not like they make the fuel, and then burn it, for the fun of it. It’s supply matching demand. Take away a supplier, another will substitute.
Wouldn’t that be counting the same emissions twice? As the fuel they produce is likely to be used in countries like China, India, Germany. In other words: a calculation as usefull as taking the sum of assets and liabilities in a balance sheet.
It’s not like they make the fuel, and then burn it, for the fun of it. It’s supply matching demand. Take away a supplier, another will substitute.
It’s about scale, not counting twice.
Yet in attempting to do the first, they do the latter.