Richest 1% account for more carbon emissions than poorest 66%, report says
‘Polluter elite’ are plundering the planet to point of destruction, says Oxfam after comprehensive study of climate inequality
Meanwhile the poorest 66% will suffer far more from climate change than the richest 1%. Heat deaths from wet bulb events, famine, unsafe air…
These articles are somewhat disingenuous. It isn't their mansions, their jets, or their yachts. It's because of the amount they have invested in fossil fuels and other industries. A better question is why do they have enough money to own so much.
What? That's where it matters most! Those are the biggest polluters.
If it just talked about their minuscule lifestyles, it would be disingenuous
And as private shareholders they demand those oil companies maximize irresponsible profit at the planet's expense.
When you own something, you bear responsibility for it. Not legally sadly, because these criminals make the laws, but in every other sense.
You don't get to own oil stock and then credibly claim you aren't the problem. No one puts a gun to anyone's head and says take the stake in blood money.
With one weird trick we could slash carbon emissions by 1/3rd or more! All it would take is a few cuts. 👀
We are the top 1%.
What's unmentioned is that the top 1%, the top 2%, the top 5%, even the top 10% has a disproportionate impact on emissions. That group is made up mostly by the West, but also the rich elite in China, India, Russia, Brazil, Indonesia, etc.
Not sure what you mean by "we". You need roughly 800k$ to be part of the global 1% (and that was in 2018):
https://www.cnbc.com/2018/11/01/how-much-money-you-need-to-be-part-of-the-1-percent-worldwide.html
99% of people are not the top 1%.
America is ~5% of the global population alone. Europe is twice that. So by living in the west you're in the top ~15% sure, but not necessarily the top 1%.
1% of world?
If you earn $60,000 a year after tax and you don't have kids, you're in the richest 1 percent of the world's population. If you have a household income of $130,000 after tax and you've got a partner and one kid, you're also in the richest 1 percent.
https://www.vox.com/future-perfect/2023/9/15/23874111/charity-philanthropy-americans-global-rich
I mean if you had bothered to open the article, it's in the 2nd paragraph:
The most comprehensive study of global climate inequality ever undertaken shows that this elite group, made up of 77 million people including billionaires, millionaires and those paid more than US$140,000 (£112,500) a year
Why do these articles always mix up wealth and income?
You needed 800k$ in 2018 to be part of the 1% wealthiest.
https://www.cnbc.com/2018/11/01/how-much-money-you-need-to-be-part-of-the-1-percent-worldwide.html
absolutely irrelevant and disingenuous using local income on a global scale. Dude making 130, 000 in Vancouver these days is a broke motherfucker (before tax)
This is the best summary I could come up with:
The richest 1% of humanity is responsible for more carbon emissions than the poorest 66%, with dire consequences for vulnerable communities and global efforts to tackle the climate emergency, a report says.
For the past six months, the Guardian has worked with Oxfam, the Stockholm Environment Institute and other experts on an exclusive basis to produce a special investigation, The Great Carbon Divide.
Over the period from 1990 to 2019, the accumulated emissions of the 1% were equivalent to wiping out last year’s harvests of EU corn, US wheat, Bangladeshi rice and Chinese soya beans.
“The super-rich are plundering and polluting the planet to the point of destruction and it is those who can least afford it who are paying the highest price,” said Chiara Liguori, Oxfam’s senior climate justice policy adviser.
The extravagant carbon footprint of the 0.1% – from superyachts, private jets and mansions to space flights and doomsday bunkers – is 77 times higher than the upper level needed for global warming to peak at 1.5C.
Oxfam International’s interim executive director, Amitabh Behar, said: “Not taxing wealth allows the richest to rob from us, ruin our planet and renege on democracy.
The original article contains 853 words, the summary contains 194 words. Saved 77%. I'm a bot and I'm open source!
We should really get rid of them
Water is wet.
Now I don't feel as guilty
Bill Gates: That's why we need to kill depopulate 66% of the world's poor.
Not sure why you chose Bill Gates who is the only one of this club actively trying to help this segment of world society and ostensibly planning to give away his wealth. Bezos, Musk, Jobs, all far more deserving of this.
I think my feed is broken. I'm seeing a lot of articles like this written by a person named Captain something
in other news water is wet
