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Ja-Rei Wang, jwang@ucsusa.org, 202-331-6943
A first-of-its-kind study published today in the scientific journal Climatic Change links global climate changes to the product-related emissions of specific fossil fuel producers, including ExxonMobil and Chevron. Focusing on the largest gas, oil and coal producers and cement manufacturers, the study calculated the amount of sea level rise and global temperature increase resulting from the carbon dioxide and methane emissions from their products as well as their extraction and production processes.
The study quantified climate change impacts of each company's carbon and methane emissions during two time periods: 1880 to 2010 and 1980 to 2010. By 1980, investor-owned fossil fuel companies were aware of the threat posed by their products and could have taken steps to reduce their risks and share them with their shareholders and the general public.
"We've known for a long time that fossil fuels are the largest contributor to climate change," said Brenda Ekwurzel, lead author and director of climate science at the Union of Concerned Scientists (UCS). "What's new here is that we've verified just how much specific companies' products have caused the Earth to warm and the seas to rise."
The study builds on a landmark 2014 study by Richard Heede of the Climate Accountability Institute, one of the co-authors of the study published today. Heede's study, which also was published in Climatic Change, determined the amount of carbon dioxide and methane emissions that resulted from the burning of products sold by the 90 largest investor- and state-owned fossil fuel companies and cement manufacturers.
Ekwurzel and her co-authors inputted Heede's 2014 data into a simple, well-established climate model that captures how the concentration of carbon emissions increases in the atmosphere, trapping heat and driving up global surface temperature and sea level. The model allowed Ekwurzel et al. to ascertain what happens when natural and human contributions to climate change, including those linked to the companies' products, are included or excluded.
The study found that:
"Until a decade or two ago, no corporation could be held accountable for the consequences of their products' emissions because we simply didn't know enough about what their impacts were," said Myles Allen, a study co-author and professor of geosystem science at the University of Oxford in England. "This study provides a framework for linking fossil fuel companies' product-related emissions to a range of impacts, including increases in ocean acidification and deaths caused by heat waves, wildfires and other extreme weather-related events. We hope that the results of this study will inform policy and civil society debates over how best to hold major carbon producers accountable for their contributions to the problem."
The question of who is responsible for climate change and who should pay for its related costs has taken on growing urgency as climate impacts worsen and become costlier. In New York City alone, officials estimate that it will cost more than $19 billion to adapt to climate change. Globally, adaptation cost projections are equally astronomical. The U.N. Environment Programme estimates that developing countries will need $140 billion to $300 billion annually by 2030 and $280 billion to $500 billion annually by 2050 to adapt.
The debate over responsibility for climate mitigation and adaptation has long focused on the "common but differentiated responsibilities" of nations, a framework used for the Paris climate negotiations. Attention has increasingly turned to non-state actors, particularly the major fossil fuel producers.
"At the start of the Industrial Revolution, very few people understood that carbon dioxide emissions progressively undermine the stability of the climate as they accumulate in the atmosphere, so there was nothing blameworthy about selling fossil fuels to those who wanted to buy them," said Henry Shue, professor of politics and international relations at the University of Oxford and author of a commentary on the ethical implications of the Ekwurzel et al. paper that was published simultaneously in Climatic Change. "But circumstances have changed radically in light of evidence that a number of investor-owned companies have long understood the harm of their products, yet carried out a decades-long campaign to sow doubts about those harms in order to ensure fossil fuels would remain central to global energy production. Companies knowingly violated the most basic moral principle of 'do no harm,' and now they must remedy the harm they caused by paying damages and their proportion of adaptation costs."
Had ExxonMobil, for example, acted on its own scientists' research about the risks of its products, climate change likely would be far more manageable today.
"Fossil fuel companies could have taken any number of steps, such as investing in clean energy or carbon capture and storage, but many chose instead to spend millions of dollars to try to deceive the public about climate science to block sensible limits on carbon emissions," said Peter Frumhoff, a study co-author and director of science and policy at UCS. "Taxpayers, especially those living in vulnerable coastal communities, should not have to bear the high costs of these companies' irresponsible decisions by themselves."
Ekwurzel et al.'s study may inform approaches for juries and judges to calculate damages in such lawsuits as ones filed by two California counties and the city of Imperial Beach in July against 37 oil, gas and coal companies, claiming they should pay for damages from sea level rise. Likewise, the study should bolster investor campaigns to force fossil fuel companies to disclose their legal vulnerabilities and the risks that climate change poses to their finances and material assets.
The Union of Concerned Scientists is the leading science-based nonprofit working for a healthy environment and a safer world. UCS combines independent scientific research and citizen action to develop innovative, practical solutions and to secure responsible changes in government policy, corporate practices, and consumer choices.
Iran's chief negotiator accused the Trump administration of giving the Israeli government a "green light" to continue attacking Lebanon and undermining diplomatic talks.
Update:
US President Donald Trump, Pakistan's prime minister, and the Iranian Foreign Ministry said Sunday that the US and Iran have reached an agreement on a framework to end the war that Trump launched in late February.
Iran's deputy foreign minister, Kazem Gharibabadi, said the terms of the deal will be made public after the memorandum of understanding is signed on Friday in Switzerland. Pakistani Prime Minister Shehbaz Sharif wrote on social media that "both sides have declared the immediate and permanent termination of military operations on all fronts, including in Lebanon."
The memorandum of understanding is expected to extend the current ceasefire agreement by 60 days while detailed negotiations take place.
Gharibabadi said the start of the 60-day negotiations will be contingent on the US lifting its naval blockade of Iranian ports, "ending the state of war and military operations," and "releasing Iran's frozen funds."
Earlier:
The Israeli military bombed the southern suburbs of Beirut on Sunday just as Iranian and US officials voiced optimism that a diplomatic agreement is in reach, prompting accusations that the government of Prime Minister Benjamin Netanyahu is trying to derail the negotiations.
Israel's strikes reportedly targeted a five-story apartment building, killing at least three people, according to Lebanese authorities. Netanyahu said the bombing was a response to Hezbollah rocket fire into northern Israel.
The latest bombing of Beirut came hours after US President Donald Trump said he expected a memorandum of understanding (MOU) to be signed as early as Sunday, potentially setting the stage for negotiations to end the illegal war Trump started in late February. Iranian officials have pushed back on the US president's claim that the MOU will be signed Sunday, but Iran's foreign minister said Friday that an agreement had "never been closer."
The Associated Press reported Sunday that Israel's new strikes on Beirut "threatened to hamper negotiations over a deal, which in its current form is a deep disappointment to Israel’s government."
"The last time Israel struck the Beirut suburbs a week ago, it set off the most serious escalation of fighting between Iran and Israel since the tenuous ceasefire took hold April 7," AP added.
Kenneth Roth, former executive director of Human Rights Watch, wrote on social media that "as a US-Iranian deal seems like it might be closer, Israel predictably bombs the Beirut suburbs, evidently hoping to sabotage the deal."
"Why does Trump put up with this and continue to arm and fund such obstructionism?" Roth asked.
Mohammad Bagher Ghalibaf, Iran's chief negotiator and speaker of parliament, said Israel's strikes indicate that the US "either does not have the will or the ability to fulfill its obligations."
"You cannot gain concessions by giving [Israel] a green light," he added. "The good cop, bad cop routine has become old. If you do not have the will or the ability to fulfill your commitments, then there is no basis for talking about continuing down this path."
As the US & Iran reportedly near a deal that includes ending the war in Lebanon, Israel is attacking Beirut again.
Either Trump can't restrain Netanyahu, or the deal is already being violated before it's signed.
Either way, it undermines the deal's value for Iran. pic.twitter.com/v08c21i7wa
— Sina Toossi (@SinaToossi) June 14, 2026
While the MOU that's reportedly under consideration has not been released in full, its broad outlines have been reported in media outlets and divulged by Iranian and US officials in recent days. Reuters reported Sunday that "a final draft of the memorandum of understanding with the US covered a range of issues, from Tehran’s nuclear work to reopening the Strait of Hormuz and US waivers on oil sanctions, with a final deal to be discussed in the 60 days following agreement by the two sides."
Under the MOU, Iran would immediately reopen the Strait of Hormuz and the US would end its illegal blockade of Iranian ports, according to Reuters. The US would also agree to waive oil sanctions on Iran and release $25 billion in frozen Iranian assets, while Iran would agree to "maintain the current status of its nuclear program, refraining from further uranium enrichment and expansion of nuclear facilities."
Abbas Araghchi, Iran's foreign minister, said in a television interview on Friday that the MOU's proposed 60-day ceasefire extension would include Lebanon.
Axios reported that Netanyahu has "found himself in the dark" as US-Iran negotiations have progressed in recent days, "calling allies close to the Trump administration to try and gather information."
Following Sunday's strike on Beirut, Trump told Axios' Barak Ravid that Netanyahu "has no fucking judgment."
"I passed this message on to him—that I am very unhappy with the attack in Beirut," said Trump, whose administration has approved billions of dollars worth of weapons sales to the Israeli government.
Trita Parsi, executive vice president of the Quincy Institute for Responsible Statecraft, warned that "Israel will do more sabotage unless Trump imposes a cost on Israel."
"Netanyahu knows exactly what he is doing and is judging that an attack on Beirut—rather than southern Lebanon—is exactly what's needed to derail the pending US-Iran deal," Parsi argued.
"Now in its third consecutive year of famine, Sudan received nothing."
Elon Musk's vault to trillionaire status following the public debut of his rocket company SpaceX came on the heels of an analysis showing the devastating impact of his destruction of the US Agency for International Development on millions of people in countries facing or on the brink of famine.
The analysis, authored by Council on Foreign Relations expert and longtime aid worker Sam Vigersky, noted that Musk's targeting of USAID during his tenure as head of the Department of Government Efficiency (DOGE) resulted in the transfer of the Food for Peace program to the US Department of Agriculture (USDA), an agency "without international humanitarian or disaster-response expertise."
Vigersky found that the USDA this year chose just seven countries to receive American grain under the Food for Peace program: the Democratic Republic of Congo, Ethiopia, Guatemala, Haiti, Kenya, El Salvador, and Rwanda. The latter two countries, Vigersky noted, "do not meet an emergency threshold" for assistance.
"Meanwhile, the country facing the largest hunger crisis in the world—Sudan—did not make the list. Now in its third consecutive year of famine, Sudan received nothing. In fact, more than 40% of Sudan’s community kitchens, a lifeline for the displaced, have closed in the past six months as funding dried up, according to Islamic Relief," Vigersky reported. "Afghanistan, Lebanon, and Yemen were also passed over. Millions of people in those countries live one step from famine, according to the Integrated Food Security Phase Classification (IPC), the UN-backed monitoring system that uses a standardized five-point scale (five being famine) to measure the severity of food insecurity."
Experts assessing the global impact of USAID's decimation at the hands of billionaire US President Donald Trump and the world's first trillionaire, who bragged publicly about "feeding USAID into the wood chipper," estimate that hundreds of thousands of people have already died as a result of the large-scale loss of humanitarian assistance—and millions more will die in the coming years if swift action is not taken to restore aid.
"The impacts of the cuts were immediate and tragic," Nicholas Enrich, a former USAID employee who became a whistleblower, wrote in The Boston Globe on Friday. "Health clinics and emergency ambulance services shuttered overnight. Clinical trials were deserted. Thousands of healthcare workers lost their jobs. Lifesaving food and medicine was left to expire in warehouses. According to conservative estimates, in the year since USAID was dismantled, 750,000 people have died as a result of the cuts. For the first time in a generation, more children died in one year — 2025—than in the previous year."
Oxfam has estimated that a 10% tax on Musk's $1 trillion fortune would generate enough revenue to end extreme poverty worldwide for a year.
Trump claimed on social media that a diplomatic agreement would be signed on Sunday, but Iran's Foreign Ministry pushed back on that timeline.
President Donald Trump claimed Saturday that the US and Iran are on track to sign a diplomatic agreement this weekend, but added that "we have the ultimate alternative" if the process doesn't "work out."
"The 'ultimate alternative' sounds a lot like a nuclear threat," Sina Toossi, a senior fellow at the Center for International Policy, wrote in response to the president's Truth Social post. "Not the first time Trump has hinted at it."
The agreement Trump referenced is believed to be "memorandum of understanding" that's expected be fleshed out in "technical talks" that could begin next week, according to Pakistani Prime Minister Shehbaz Sharif, who is mediating the negotiations.
"We are closer to a peace deal than ever before," Sharif wrote on social media, echoing Iranian Foreign Minister Abbas Araghchi, who said on Friday that "the Islamabad Memorandum of Understanding has never been closer."
"Pending its finalization, the media should refrain from entering speculation about its content," Araghchi added. "In line with our responsible and transparent approach, all details will be shared with the public in due course."
On Saturday, a spokesperson for the Iranian Foreign Ministry cast doubt on the timeline put forth by Trump and Sharif.
"We will have to wait and see about the exact date of the signing of the memorandum of understanding, although it will not be tomorrow,” said Esmaeil Baqaei, as reported by Iranian state media. “The possibility of this happening in the coming days cannot be ruled out. However, due to the hesitation of the other side, we must be cautious in making any comments about this process.”
In his Truth Social post on Saturday, Trump declared that the Strait of Hormuz will be "OPEN TO ALL" immediately after the deal is signed—a condition that Iran has not confirmed.
"We look forward to working with Iran, and the entire Middle East, long into the future," Trump added. "Hopefully, this process will all work out quickly, easily, and smoothly. If it doesn’t, we have the ultimate alternative, hopefully never to be used again!"
Trump has repeatedly issued genocidal threats against Iran since launching the illegal war in late February, openly declaring his intention to target Iran's civilian infrastructure and wipe out its "whole civilization." Experts say such threats, even if they aren't acted on, constitute war crimes under international law.