In a world where climate injustice is reaching new heights, Oxfam revealed a shocking report: the richest 1% emit the same amount of greenhouse gases as the poorest two-thirds of the population. This revelation highlights the urgency of a progressive climate policy, where those who pollute the most must make the greatest sacrifices.
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Oxfam reports that the richest 1% of the planet emit the same amount of greenhouse gases as the poorest two-thirds of the population, or about five billion people.
If the fight against climate change is a common challenge, some people are more responsible than others and government policies should be adapted accordingly, co-authors of the report published on Sunday November 19, 2023 by NGOs fighting against poverty Max Lawson. “The richer you are, the easier it is to reduce your income broadcastbroadcast Personal and related to your investmentsaccording to him. You don’t need a third person carcarFourth holiday or (…) to invest in industry cementcement ,,
The report, “Climate Equality: A Planet for the 99%”, is based on research compiled by the Stockholm Environment Institute (SEI) and analyzes consumption-related emissions associated with different categories of income up to 2019.
Bernard Arnault’s carbon footprint is 1,270 times greater than that of an average French person
Among the key findings is that the richest 1%, or 77 million people, are responsible for 16% of global emissions linked to their consumption. This is the same proportion as 66% of the poorest population or 5.11 billion people.
The income threshold to be part of the richest 1% is adjusted by country based on purchasing power parity – for example, in the United States, the threshold is $140,000 (128,000 euros) and the Kenyan equivalent is around $40,000. .
Thus, in France, over 10 years, the richest 1% have issued as many carboncarbon The poorest by more than 50% in a year. Excluding emissions associated with his investments, Bernard Arnault, the French CEO of luxury group LVMH and the richest Frenchman, has a carbon footprint 1,270 times greater than that of the average French person.
“We believe that unless governments adopt progressive climate policy where those who emit the most are asked to make the biggest sacrifices, we will never have good climate policies.”A guess by M. Lawson.
This could include a tax for those who take more than 10 flights per year or a tax on non-ecological investments that is much higher than the tax on ecological investments.