"If that's not enough to have you reaching for your pitchfork, the top 1 percent contribute 20 times as much to climate disasters as the bottom 99 percent.
Since 2019, the research article notes, the "wealthiest 10 percent of the global population accounted for nearly half of global emissions" through "private consumption and investments, whereas the poorest 50 percent accounted for only one-tenth of global emissions."
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"If everyone had emitted like the bottom 50 percent of the global population, the world would have seen minimal additional warming since 1990," co-author Carl-Friedrich Schleussner said. "Addressing this imbalance is crucial for fair and effective climate action."
While the numbers are staggering, they're far from shocking at this point. In the United States, the top 1 percent of households control 80 percent of company assets " the average person reading this has no way of ending the coal industry's devastating reign over Appalachia, for example.
That's a decision to be made by shareholders and executives looming over us from the top of the pyramid.
Rather, the article is just more confirmation of something we've known for years: the rich are the biggest threat to the climate by far.
But while most studies on wealth and climate change hone in on consumption habits, this bit of research looks a little deeper under the hood at the system making this all possible."
much more at the link
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