odanny
Diamond Member
There is no worldwide emphasis to stop killing the planet, now doubters and skeptics and selfish assholes all over the world have a champion in the White House.
Sad, but predictiable.
Fifty of the worldâs richest billionaires on average produce more carbon through their investments, private jets and yachts in just over an hour and a half than the average person does in their entire lifetime, a new Oxfam report reveals today. The first-of-its-kind study, âCarbon Inequality Kills,â tracks the emissions from private jets, yachts and polluting investments and details how the super-rich are fueling inequality, hunger and death across the world. The report comes ahead of COP29 in Baku, Azerbaijan, amidst growing fears that climate breakdown is accelerating, driven largely by the emissions of the richest people.
If the world continues its current emissions, the carbon budget (the amount of CO2 that can still be added to the atmosphere without causing global temperatures to rise above 1.5°C) will be depleted in about four years. However, if everyones emissions matched those of the richest one percent, the carbon budget would be used up in under five months. And if everyone started emitting as much carbon as the private jets and superyachts of the average billionaire in Oxfamâs study, it would be gone in two days.
âThe super-rich are treating our planet like their personal playground, setting it ablaze for pleasure and profit. Their dirty investments and luxury toys âprivate jets and yachtsâ arenât just symbols of excess; theyâre a direct threat to people and the planet,â said Oxfam International Executive Director Amitabh Behar.
âOxfamâs research makes it painfully clear: the extreme emissions of the richest, from their luxury lifestyles and even more from their polluting investments, are fueling inequality, hunger and âmake no mistakeâ threatening lives. Itâs not just unfair that their reckless pollution and unbridled greed is fueling the very crisis threatening our collective future âitâs lethal," said Behar.
The report, the first-ever study to look at both the luxury transport and polluting investments of billionaires, presents detailed new evidence of how their outsized emissions are accelerating climate breakdown and wreaking havoc on lives and economies. The worldâs poorest countries and communities have done the least to cause the climate crisis, yet they experience its most dangerous consequences.
Oxfam found that, on average, 50 of the worldâs richest billionaires took 184 flights in a single year, spending 425 hours in the air âproducing as much carbon as the average person would in 300 years. In the same period, their yachts emitted as much carbon as the average person would in 860 years.
Sad, but predictiable.
Fifty of the worldâs richest billionaires on average produce more carbon through their investments, private jets and yachts in just over an hour and a half than the average person does in their entire lifetime, a new Oxfam report reveals today. The first-of-its-kind study, âCarbon Inequality Kills,â tracks the emissions from private jets, yachts and polluting investments and details how the super-rich are fueling inequality, hunger and death across the world. The report comes ahead of COP29 in Baku, Azerbaijan, amidst growing fears that climate breakdown is accelerating, driven largely by the emissions of the richest people.
If the world continues its current emissions, the carbon budget (the amount of CO2 that can still be added to the atmosphere without causing global temperatures to rise above 1.5°C) will be depleted in about four years. However, if everyones emissions matched those of the richest one percent, the carbon budget would be used up in under five months. And if everyone started emitting as much carbon as the private jets and superyachts of the average billionaire in Oxfamâs study, it would be gone in two days.
âThe super-rich are treating our planet like their personal playground, setting it ablaze for pleasure and profit. Their dirty investments and luxury toys âprivate jets and yachtsâ arenât just symbols of excess; theyâre a direct threat to people and the planet,â said Oxfam International Executive Director Amitabh Behar.
âOxfamâs research makes it painfully clear: the extreme emissions of the richest, from their luxury lifestyles and even more from their polluting investments, are fueling inequality, hunger and âmake no mistakeâ threatening lives. Itâs not just unfair that their reckless pollution and unbridled greed is fueling the very crisis threatening our collective future âitâs lethal," said Behar.
The report, the first-ever study to look at both the luxury transport and polluting investments of billionaires, presents detailed new evidence of how their outsized emissions are accelerating climate breakdown and wreaking havoc on lives and economies. The worldâs poorest countries and communities have done the least to cause the climate crisis, yet they experience its most dangerous consequences.
Oxfam found that, on average, 50 of the worldâs richest billionaires took 184 flights in a single year, spending 425 hours in the air âproducing as much carbon as the average person would in 300 years. In the same period, their yachts emitted as much carbon as the average person would in 860 years.
- Jeff Bezosâ two private jets spent nearly 25 days in the air over a 12-month period and emitted as much carbon as the average US Amazon employee would in 207 years. Carlos Slim took 92 trips in his private jet, equivalent to circling the globe five times.
- The Walton family, heirs of the Walmart retail chain, own three superyachts that in one year produced as much carbon as around 1,714 Walmart shop workers.
