By INA ALLECO R. SILVERIO
According to IBON data, TNCs account for 50 percent of all oil, gas and coal extraction and refining. Only 10 TNCs account for about 41 percent of world production of oil and gas, and TNCs control 80 percent of land worldwide which is cultivated for cash crops. Only 20 TNCs account for about 90 percent of the sales of hazardous pesticides and other agricultural chemicals.