5fish
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I was given this article that is daming of the top 1% of the world's wealthiest people. They are plundering our earth for today...
www.theguardian.com
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.
Using a “mortality cost” formula – used by the US Environmental Protection Agency, among others – of 226 excess deaths worldwide for every million tonnes of carbon, the report calculates that the emissions from the 1% alone would be enough to cause the heat-related deaths of 1.3 million people over the coming decades.
The report finds that it would take about 1,500 years for someone in the bottom 99% to produce as much carbon as the richest billionaires do in a year.
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 twin crises of climate and inequality were “fuelling one another”, she said.
The corporate shares of many super-rich are highly polluting. This elite also wield enormous and growing political power by owning media organisations and social networks, hiring advertising and PR agencies and lobbyists, and mixing socially with senior politicians, who are also often members of the richest 1%, according to the report.
In the US, for example, one in four members of Congress reportedly own stocks in fossil fuel companies, worth a total of between $33m and $93m. The report says this helps to explain why global emissions continue to rise, and why governments in the global north provided $1.8tn to subsidise the fossil fuel industry in 2020, contrary to their international pledges to phase out carbon emissions.
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
www.theguardian.com
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.
Using a “mortality cost” formula – used by the US Environmental Protection Agency, among others – of 226 excess deaths worldwide for every million tonnes of carbon, the report calculates that the emissions from the 1% alone would be enough to cause the heat-related deaths of 1.3 million people over the coming decades.
The report finds that it would take about 1,500 years for someone in the bottom 99% to produce as much carbon as the richest billionaires do in a year.
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 twin crises of climate and inequality were “fuelling one another”, she said.
The corporate shares of many super-rich are highly polluting. This elite also wield enormous and growing political power by owning media organisations and social networks, hiring advertising and PR agencies and lobbyists, and mixing socially with senior politicians, who are also often members of the richest 1%, according to the report.
In the US, for example, one in four members of Congress reportedly own stocks in fossil fuel companies, worth a total of between $33m and $93m. The report says this helps to explain why global emissions continue to rise, and why governments in the global north provided $1.8tn to subsidise the fossil fuel industry in 2020, contrary to their international pledges to phase out carbon emissions.
