The United States was the biggest investor in Russian carbon bomb fossil fuel projects as of 2022, with 154 financial institutions holding 23.64 billion U.S. dollars in investments. Qatar was the second-largest investor in these major carbon polluting projects, with investments of 15.3 billion U.S. dollars. This was all invested in Rosneft, and was held by the Qatar Investment Authority, making it the biggest single investment in Russian carbon bombs. Carbon bombs are defined as an oil or gas project that will emit at least a billion metric tons of carbon dioxide over its lifetime.
Biggest investors in carbon bomb fossil fuel projects in Russia as of 2022, by country
(in billion U.S. dollars)
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The Guardian. (August 24, 2022). Biggest investors in carbon bomb fossil fuel projects in Russia as of 2022, by country (in billion U.S. dollars) [Graph]. In Statista. Retrieved January 06, 2025, from https://www.statista.com/statistics/1328453/russian-carbon-bomb-investments-worldwide/
The Guardian. "Biggest investors in carbon bomb fossil fuel projects in Russia as of 2022, by country (in billion U.S. dollars)." Chart. August 24, 2022. Statista. Accessed January 06, 2025. https://www.statista.com/statistics/1328453/russian-carbon-bomb-investments-worldwide/
The Guardian. (2022). Biggest investors in carbon bomb fossil fuel projects in Russia as of 2022, by country (in billion U.S. dollars). Statista. Statista Inc.. Accessed: January 06, 2025. https://www.statista.com/statistics/1328453/russian-carbon-bomb-investments-worldwide/
The Guardian. "Biggest Investors in Carbon Bomb Fossil Fuel Projects in Russia as of 2022, by Country (in Billion U.S. Dollars)." Statista, Statista Inc., 24 Aug 2022, https://www.statista.com/statistics/1328453/russian-carbon-bomb-investments-worldwide/
The Guardian, Biggest investors in carbon bomb fossil fuel projects in Russia as of 2022, by country (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1328453/russian-carbon-bomb-investments-worldwide/ (last visited January 06, 2025)
Biggest investors in carbon bomb fossil fuel projects in Russia as of 2022, by country (in billion U.S. dollars) [Graph], The Guardian, August 24, 2022. [Online]. Available: https://www.statista.com/statistics/1328453/russian-carbon-bomb-investments-worldwide/