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View Full Version : Study: Richest 10% Are Causing Climate Change




DamianTV
12-05-2015, 05:02 PM
http://www.businessinsider.com/study-richest-10-are-causing-climate-change-2015-12


Fifty percent of the world’s carbon emissions are produced by the world’s richest 10%, while the poorest half – 3.5 billion people – are responsible for a mere 10%. This is according to a new report by Oxfam, which also found that the richest 1% of the world’s population emit 175 times more carbon than those living in the bottom 10%.

http://static1.businessinsider.com/image/5660d6ab84307623008b74ef-718-539/figure1.png

The above figures highlight the link between climate change and economic inequality, a subject of much debate as world leaders pledge to cut carbon emissions and keep the world from warming too fast.

While emerging economies are experiencing rapid rises in emissions, they are far behind the lifestyle consumption of richer OECD nations. Globally, it’s individual consumption that is responsible for most carbon emissions (64%), while international transport, investment and government activity make up the remaining 34%.

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If global warming is real, then it would make sense that those with the most money pollute the most, while, as usual, a good crisis will not be left unexploited, and the poor will pay for the actions of the rich.

Sola_Fide
12-05-2015, 06:17 PM
Well then the solution is obvious: tax the rich.