https://amp.theguardian.com/environ...-carbon-emissions-than-poorest-66-report-says
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
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.
The most comprehensive study of global climate inequality ever undertaken shows that this elite group, made up of 77 million people including billionaires, millionaires and those paid more than US$140,000 (£112,500) a year, accounted for 16% of all CO2emissions in 2019 – enough to cause more than a million excess deaths due to heat, according to the report…..
The
Oxfam report shows that while the wealthiest 1% tend to live climate-insulated, air-conditioned lives, their emissions – 5.9bn tonnes of CO2 in 2019 – are responsible for immense suffering.
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 suffering falls disproportionately upon people living in poverty, marginalised ethnic communities, migrants and women and girls, who live and work outside or in homes vulnerable to extreme weather, according to the research. These groups are less likely to have savings, insurance or social protection, which leaves them more economically, as well as physically, at risk from floods, drought, heatwaves and forest fires. The
UN says developing countries account for 91% of deaths related to extreme weather.
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….
Edit:
The wealth gap between nations only partly explains the disparity. The report shows that in 2019 – the most recent year for which there is comprehensive data – high-income countries (mostly in the global north) were responsible for 40% of global consumption-based CO2 emissions, while the contribution from low-income countries (mostly in the global south) was a negligible 0.4%. Africa, which is home to about one in six of the world population, was responsible for just 4% of emissions.
A less discussed but faster-growing problem is inequality within countries. Billionaires are still overwhelmingly white, male and based in the US and Europe, but members of this influential class of super-rich can increasingly be found in other parts of the world. Millionaires are even more dispersed.
The report says this is bad news for the climate on multiple levels. The extravagant carbon footprint of the 0.1% – from superyachts, private jets and mansions to space flights and doomsday bunkers – is 77 times higher than the upper level needed for global warming to peak at 1.5C.
