Estimating the deadly consequences of Equinor’s fossil fuel product use
Summary
The briefing estimates that fossil fuels sold by Equinor in 2025 will cause between 34,000 and 58,000 additional deaths, while products sold since 2018 will result in 260,000 to 450,000 deaths. It contrasts these human costs with Norway's record fossil fuel export revenues, which reached 7,093,099 million NOK between January 2020 and July 2026. The document argues that the 'social cost of carbon' is significantly higher when including mortality, suggesting that Equinor's 2025 net operating income of $5 billion incurred a social cost of $66 billion.
Key insights
- The combustion of fossil fuels sold by Equinor in 2025 is estimated to cause between 34,000 and 58,000 additional human deaths compared to a scenario where they were not burned. This calculation is based on Equinor's disclosed 257.8 megatonnes of carbon dioxide equivalent emissions from sold products and mortality estimates ranging from 138 to 225 deaths per megatonne.
- Since 2018, the use of Equinor's sold products has added 2,000 megatonnes of CO2-e to the atmosphere, which is projected to cause between 260,000 and 450,000 additional deaths.
- Norway's fossil fuel export revenue from January 2020 to July 2026 totaled 7,093,099 million NOK, exceeding the revenue from the previous 14 years combined. This growth is linked to energy crises in Europe following Russia's invasion of Ukraine and the closure of the Strait of Hormuz.
Cite the original document
- APA
- Joshi, K. (2026). Estimating the deadly consequences of Equinor’s fossil fuel product use. Klimakultur. https://www.klimakultur.no/nyheter/estimating-the-deadly-consequences-of-equinor-s-fossil-fuel-product-use/
- Chicago
- Joshi, Ketan. Estimating the deadly consequences of Equinor’s fossil fuel product use. Klimakultur, 2026. https://www.klimakultur.no/nyheter/estimating-the-deadly-consequences-of-equinor-s-fossil-fuel-product-use/.
- Wikipedia
- {{cite report |last1=Joshi |first1=Ketan |title=Estimating the deadly consequences of Equinor’s fossil fuel product use |publisher=Klimakultur |date=25 August 2026 |url=https://www.klimakultur.no/nyheter/estimating-the-deadly-consequences-of-equinor-s-fossil-fuel-product-use/ |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{joshi2026estimating, author = {Joshi, Ketan}, title = {{Estimating the deadly consequences of Equinor’s fossil fuel product use}}, institution = {Klimakultur}, year = {2026}, month = aug, url = {https://www.klimakultur.no/nyheter/estimating-the-deadly-consequences-of-equinor-s-fossil-fuel-product-use/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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