Global Warming
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- utopian3
The richest one percent of the global population are responsible for the same amount of carbon emissions as the world's poorest two-thirds, or five billion people, according to an analysis published Sunday by the nonprofit Oxfam International.
While fighting the climate crisis is a shared challenge, not everyone is equally responsible and government policies must be tailored accordingly, Max Lawson, who co-authored the report, told AFP.
"The richer you are, the easier it is to cut both your personal and your investment emissions," he said. "You don't need that third car, or that fourth holiday, or you don't need to be invested in the cement industry."
"Climate Equality: A Planet for the 99%", was based on research compiled by the Stockholm Environment Institute (SEI) and it examined the consumption emissions associated with different income groups up to the year 2019.
It was published as world leaders prepare to meet for climate talks at the COP28 summit in Dubai later this month. Fears are growing that limiting long-term warming to 1.5 degrees Celsius could soon be impossible to achieve.
Among the key findings of this study are that the richest one percent globally—77 million people—were responsible for 16 percent of global emissions related to their consumption.
That is the same share as the bottom 66 percent of the global population by income, or 5.11 billion people.
The income threshold for being among the global top one percent was adjusted by country using purchasing power parity—for example in the United States the threshold would be $140,000, whereas the Kenyan equivalent would be about $40,000.
Within country analyses also painted very stark pictures.
For example, in France, the richest one percent emit as much carbon in one year as the poorest 50 percent in 10 years.
Excluding the carbon associated with his investments, Bernard Arnault, the billionaire founder of Louis Vuitton and richest man in France, has a footprint 1,270 times greater than that of the average Frenchman.
The key message, according to Lawson, was that policy actions must be progressive.
"We think that unless governments enact climate policy that is progressive, where you see the people who emit the most being asked to take the biggest sacrifices, then we're never going to get good politics around this," he said.
These measures could include, for example, a tax on flying more than ten times a year, or a tax on non-green investments that is much higher than the tax on green investments.
While the current report focused on carbon linked only to individual consumption, "the personal consumption of the super-rich is dwarfed by emissions resulting from their investments in companies," the report found.
Nor are the wealthy invested in polluting industries at a similar ratio to any given investor—billionaires are twice as likely to be invested in polluting industries than the average for the Standard & Poor 500, previous Oxfam research has shown.
- Gardener6
- Brother in law in Canada can see all the fires creeping over the mountains, seems confident their place will get through another year of burning hell seasonPhanLo
- Turkey is now on fireutopian
- Lock her up.palimpsest
- Greece is on fire again.Continuity
- France alsopablo28
- We got nailed by a tornado last nightShenanigansTV
- calm down .. .its just starting... it will snap into the steep curve soon and the real fun begins.,, the current turbulences will be like peanuts comparedneverscared
- https://pbs.twimg.co…neverscared
- Our amazing world. And just shows three places in the USA! Lolsab
- And Canada.sab
- see more button - are u brave enuff to list the rest of global climate change desasters.... sweat sweatneverscared
- ns, do you run a prepper online shop?
what is your motivation to be this world is ending guy?uan - thanks for asking... i do run 5 prepper shops.. they go better than btc... iam flipping rich.. bought my second houseneverscared
- if u wanna know why its skyrocketing u can read it herehttps://agupubs...neverscared
- i´am confident i can thank you personally uan for your btc engangement... all that co2 made my shops blooming like flowers in spring...neverscared
- https://agupubs.onli…neverscared
- ps. i dont think the world is ending... the world is kinda fine... but it will be very deadly problematic for a not so small chunk of humans and animals...neverscared
- may i ask u uan why u think climate change is a piece of cake and we should tread it as a non issue ?neverscared
- I am aware of the changes. almost 30 ago I learned about it and adapted my lifestyle accordingly. my co2 footprint is at minimum.uan
- no car, no flights, no PET, no new devices every year, make them last as far as I can.uan
- and I don't mind the ones that still use those things. I just do it because I think it is the right thing to do and I can do it.uan
- just telling you, because you seem to put me in some kind of club of people who you hate and want to fight with.uan
- lol..the guy who tries to put a stigma on me as prepper with an inherent doom mindset then slides one more that i wanne fight and hate.. although heneverscared
- kickstarted the hate with his accusations in the first place... self awarness not so much... right ?neverscared
- u dont need to be a genius to c that there will be more fires and fatal casualties... thats no doom shit... thats scientific prognosis.. click to c more..neverscared
- utopian2
Sad that no one was listening or caring then...and no one is listening or caring today!
Fuck All Humanity!
- Ramanisky20
- Two years of rainfall in 6 hours.utopian
- gotta be fake?utopian
- Prompt?!?Ramanisky2
- yuekit0
As things get worse and worse I suspect some kind of geoengineering of the climate will become unavoidable.
There will also be conspiracy theories about how the geoengineering is actually a plot to kill everyone.
- Ramanisky214
- LolBluejam
- BrilliantCyBrainX
- For the first time in history, California has been issued a tropical storm warning according to the National Hurricane Center.utopian
- thanks Obama.sted
- Why does she get more excited the slower her winds become?CyBrainX
- the hurricane joaquin meme was better https://akns-images.…aliastime
- https://akns-images.…aliastime
- People drive like psychopaths here in Vegas, can't wait to add in a fuck ton of rain!Akagiyama
- Perfectinstrmntl
- Ramanisky24
- Imagine jumping into water as a last resort...knowing that the waters are infested with aggressive tiger and black tip reef sharks.utopian
- Ramanisky22
- Jesus ...
Hawai'i?Continuity - ^ yup, MauiRamanisky2
- Awful.Continuity
- Reckon property developers will do a land grab?PhanLo
- Jesus ...
- Gardener5
- that's the thing tho. planet dont need no saving. we do. the planet is coming after us!pango
- Street full of stupid expensive cars, a shame.OBBTKN
- You call it rain, but the human name
Doesn't mean shit to a tree
https://www.youtube.…kaiyohtee - i recommend public transportneverscared
- @obbtkn - an average London street, I'm afraid. In a market of shit anonymous houses, all people have to otherwise distinguish themselves are cars.Nairn
- nbq1
Where are the climate change deniers when we need their opinions?
- They're all too busy stampeding at Trump rallies and or researching the Covid vaccine life long effects on the brain.whatthefunk
- utopian5
- They're all too busy stampeding at Trump rallies and or researching the Covid vaccine life long effects on the brain.utopian
- Vacationed in Lahaina last October with the fam. That side of the island is considered the "dry" side. Hard to see the main town center is all gone.brandonp
- We love staying in Airbnb's while traveling to get to know the local culture. It was such a cool town with so much history. Sad to see it all burnt.brandonp
- Over 80% Lahaina in complete burned down. At least 53 people have now been killed by the Lahaina fire.utopian
- So sad :(
‘Every single home in Lahaina is gone’utopian
- utopian1
Glacial break causes major flooding in Alaska, officials issue emergency declaration.
Alaska is Warming at twice the rate of the rest of the U.S.
- fucking aquaammaaaaannPhanLo
- plopmilfhunter
- "I don't want to be a house anymore.
I want to be raft!"Bluejam - Thanks NFT's...hydro74
- utopian4
Now the fucking desert is on fire!
Iconic Joshua trees threatened by massive wildfire spreading across Mojave Desert.
- _niko3
My son said to me the other day, Dad, there's no more global warming.
It's now global boiling.
- Ramanisky22
- black car sitting on the sun for the last 8.5 hours :)sted
- Hey, I got Florida tinted winders.Ramanisky2