Showing posts with label carbon dioxide. Show all posts
Showing posts with label carbon dioxide. Show all posts

Monday 20 November 2023

Richest 1% cause 16% of carbon emissions. Time for greater equality.

Did you realise that the richest 1% of the world's population are responsible for as much carbon dioxide being emitted as the poorest 66% according to Oxfam.


The rich of the world have carbon-heavy lifestyles. This elite, rich 1% of the world's population emit the same amount of carbon dioxide as the poorest 5 billion people on the planet according to Oxfam's 2019 study which is based on research with the Stockholm Environment Institute.
"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. Governments [must] tackle the twin crises of inequality and climate change, by targeting the excessive emissions of the super-rich by taxing them more. This could raise much needed revenue that could be directed to a range of vital social spending needs, including a fair switch to clean, renewable energy as well as fulfilling our international commitments to support communities who are already bearing the brunt of the climate crisis"- Chiara Liguori, the senior climate justice policy adviser for Oxfam
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P.S. please forgive the occasional typo. These articles are written at breakneck speed using Dragon Dictate. I have to prepare them in around 20 mins.

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