Twelve billionaires’ climate emissions outpollute 2.1m homes, analysis finds
Nov 20, 2023 20:55:00 #
Twelve billionaires’ climate emissions outpollute 2.1m homes, analysis finds
2023-11-20
Research shows impact from lifestyles and investments of likes of Jeff Bezos, Bill Gates and Elon Musk
Introduction: the great carbon divide
Richest 1% account for more carbon emissions than poorest 66%
Twelve of the world’s wealthiest billionaires produce more greenhouse gas emissions from their yachts, private jets, mansions and financial investments than the annual energy emissions of 2m homes,research shared exclusively with the Guardian reveals.
The tycoons include the Amazon boss, Jeff Bezos, the Russian oligarch Roman Abramovich, the tech billionaires Bill Gates, Larry Page and Michael Dell, the inventor and social media company owner Elon Musk and the Mexican business magnate Carlos Slim.
Analysis by Oxfam and US researchers of their luxury purchases, which include superyachts, private jets, cars, helicopters and palatial mansions, combined with the impact of their financial investments and shareholdings reveals that they account for almost 17m tonnes of CO2 and equivalent greenhouse gas emissions annually.
This is the same as the CO2 and equivalent emissions from powering 2.1m homes or the emissions from 4.6 coal-fired power plants over a year, according to conversion data from the US Environmental Protection Agency.
The true scale of the investment emissions of these individuals is not generally systematically calculated or reported. Oxfam analysts working with two US academics, Beatriz Barros and Richard Wilk, used publicly available data to calculate the greenhouse gas impacts.
2023-11-20
Research shows impact from lifestyles and investments of likes of Jeff Bezos, Bill Gates and Elon Musk
Introduction: the great carbon divide
Richest 1% account for more carbon emissions than poorest 66%
Twelve of the world’s wealthiest billionaires produce more greenhouse gas emissions from their yachts, private jets, mansions and financial investments than the annual energy emissions of 2m homes,research shared exclusively with the Guardian reveals.
The tycoons include the Amazon boss, Jeff Bezos, the Russian oligarch Roman Abramovich, the tech billionaires Bill Gates, Larry Page and Michael Dell, the inventor and social media company owner Elon Musk and the Mexican business magnate Carlos Slim.
Analysis by Oxfam and US researchers of their luxury purchases, which include superyachts, private jets, cars, helicopters and palatial mansions, combined with the impact of their financial investments and shareholdings reveals that they account for almost 17m tonnes of CO2 and equivalent greenhouse gas emissions annually.
This is the same as the CO2 and equivalent emissions from powering 2.1m homes or the emissions from 4.6 coal-fired power plants over a year, according to conversion data from the US Environmental Protection Agency.
The true scale of the investment emissions of these individuals is not generally systematically calculated or reported. Oxfam analysts working with two US academics, Beatriz Barros and Richard Wilk, used publicly available data to calculate the greenhouse gas impacts.
Nov 20, 2023 21:17:47 #
AuntiE wrote:
b Twelve billionaires’ climate emissions outpollu... (show quote)
Well, yeah, but if I put a hand pump on my well for water, and build an outhouse so I don't depend on electricity for water, I'll be saving the planet. I could also ride a wooden bicycle with wooden tires to work instead of driving a gas powered vehicle. This will save tons of carbon emissions because my drive to work is 14 miles. I would prefer to just ride my horse, but he farts. I may need to shoot, and bury him to save the planet.
But then.....I fart too. So does Mrs. B., the dogs, and the little children.🤔
Nov 20, 2023 21:21:10 #
archie bunker wrote:
Well, yeah, but if I put a hand pump on my well fo... (show quote)
Keep in mind one very important fact about an outhouse.
Nov 20, 2023 21:30:22 #
AuntiE wrote:
b Twelve billionaires’ climate emissions outpollu... (show quote)
A heckuva good reason to tax the f*%k out of them. Thanks for posting Auntie
Nov 20, 2023 21:31:40 #
federally indicted mattoid wrote:
A heckuva good reason to tax the f*%k out of them. Thanks for posting Auntie
It was my pure pleasure!
If you want to reply, then register here. Registration is free and your account is created instantly, so you can post right away.