Yes, the claim that the world's largest corporations have collectively caused approximately $28 trillion in climate-related damage is supported by a recent study published in the journal Nature. This research, conducted by scientists from Dartmouth College, utilized historical emissions data and advanced climate modeling to quantify the economic impacts attributable to each company's pollution. The study found that over half of the total damage is linked to just ten major fossil fuel companies, including Saudi Aramco, Gazprom, Chevron, and ExxonMobil. For instance, emissions from Chevron alone have been found to raise global temperatures by 0.025°C. These findings aim to bolster legal efforts to hold corporations accountable for climate damage, similar to past actions against tobacco companies. While no climate liability lawsuit against a major carbon emitter has yet been successful, the study's robust methodology provides a scientific basis for attributing specific harms to individual emitters, potentially influencing future legal and policy decisions.
