Memorandum for the Petitioners | 114
sources) -- have been emitted since 1989.°5” This date is notable
because it is after the First World Climate Conference in 1979
and the Toronto Conference on the Changing Atmosphere in
1988, which set into place the global political process on climate
change.*78
8.125.3.
The
90
“Carbon
Majors”
included
50
investor-owned producers of oil, gas, coal, and cement, such as
Chevron, Peabody, BP, ExxonMobil, BHP Billiton, and Royal
Dutch Shell; 31 state-owned entities producers, such as Saudi
Aramco, Gazprom, Nigerian National Petroleum, and Coal India;
and 9 former or current government-run coal producing entities,
such as those in Poland, the former Soviet Union, Kazakhstan,
North Korea, and China.*39
8.125.4.
The
Carbon
Majors
publications
were
thoroughly vetted and peer-reviewed.*° Mr. Heede’s analysis
is based on company-data (SEC Form 10-Ks or Annual Reports),
and a robust and peer-reviewed methodology. There is little
room for disputing his results— except for relatively minor
uncertainties and variables that mostly arise from lack of
company-reported data (e.g., historical data on their own fuel
use, flaring rates, vented CO2, methane leakage rates, etc.).54!
8.125.5.
In 2018, Mr. Heede updated™ the “activity
data” (annual production of fossil fuels and cement) to include
2015 and 2016.8
The key findings in this update are as follows:
a)
Global emissions of carbon dioxide
from all anthropogenic industrial sources (fossil fuel
and cement) totals 1,545 billion metric tonnes CO,
(GtCO.) from 1751 to 2016;
b)
The
direct
and __ product-related
emissions of the 90 Carbon Major entities total
337 Ibid.
538 Zillman, J., A History of Climate Activities, available at https://public.wmo.int/en/bulletin/historyclimate-activities (last accessed on 12 September 2019).
539 Ibid.
* Testimony of Mr. Richard Heede, TSN dated 27-28 August 2018, pp. 77-81, available at
http://chr.gov.ph/wp-content/uploads/20 19/04/NICC-TSN-August-29-to-30-2018-Metro-ManilaPhilippines.pdf (last accessed on 12 September 2019).
54 Exhibit “QQQQ” to “QQQQ- 1,” supra note 536, p.4.
342 See Exhibit “TTTT-A,” Climate Accountability Institute, Press Release on Update of Carbon Majors
Project (2018), pp. 1-2.
*© The update was based on data collected in company Form 10-Ks, Annual Reports, or standard industry
sources in 2015-2016. The original Heede 2014 paper had activity data through 2010. No methodological
changes were made, with the exception that Mr. Heede and his team adopted the IPCC global warming
potential of methane to 28 times CO2 (100-year time horizon) per IPCC’s Fifth Assessment Report (the
previous value was 21xCO2); Also see Exhibit “QQQQ” to “QQQQ-11,” supra note 536, p. 6.
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