Saudi Aramco understating emissions by as much as 50% ...Kuwait

News by : (The New Arab) -
A new report finds the state-owned oil giant has omitted emissions data in disclosures to investors, making its carbon footprint worse than previously thought. Aramco, the world's largest oil company, has underreported its carbon emissions by as much as 55 million metric tons a year, a new report has revealed.That colossal figure means the Saudi state-owned oil giant is releasing into the environment as much as double the carbon dioxide it has stated in disclosures to investors, Bloomberg reported.The report citing a review of public findings reveals that Aramco only listed refineries and petrochemical plants located inside Saudi Arabia or ones abroad wholly owned by the company in carbon

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