Table 1: Investor-owned Carbon Majors8 The Carbon Majors findings are of serious importance and consequence to the Philippines due to the country’s high vulnerability to the impacts of climate change. The findings call attention to the role of the Carbon Majors because these producers contribute a significant portion of the estimated emissions of greenhouse gases. According to the IPCC, continued emission of these gases “will cause further warming and long-lasting changes in all components                                                                                                                         8 Methods and Results Report, supra note 7, at 29.             4