Apache North American Coal Lafarge Canadian Natural Resources Holcim Luminant Ruhrkohle AG Talisman Murray Coal UK Coal Husky Energy HeidelbergCement Cemex Italcementi Murphy Oil OMV Group Taiheiyo Massey Energy Nexen Total: 951 1.181 1.044 958 1.008 1.049 1.138 925 796 794 665 587 551 463 418 346 402 2.199 651 314.811 1.287 1.283 1.232 1.208 1.197 1.161 1.138 1.106 1.085 844 800 677 630 544 503 471 427 337.662 0.08% 0.08% 0.08% 0.08% 0.08% 0.07% 0.07% 0.07% 0.07% 0.05% 0.05% 0.04% 0.04% 0.03% 0.03% 0.03% 0.03% 0.00% 0.00% 21.57% To date, a number of the investor-owned Carbon Major companies have changed and may continue to change. Yukos has ceased operations and other investor-owned companies have acquired Xstrata, Massey Energy, Cyprus Amax, and Talisman. Nexen became a wholly owned subsidiary of a state-owned company.!Rosneft has been added to the list. 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 longlasting changes in all components of the climate system, increasing the ! ! ! ! ! 6 !

Select target paragraph3