- Mar 2023
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www.sciencedirect.com www.sciencedirect.com
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the top 1% now being responsible for 17% of total emissions, the top 10% for 48%, and the bottom half of the world population for only 12% (in 2019).
Quotable carbon inequality stats: - the top 1% responsible for 17% of total emissions, - the top 10% for 48%, - the bottom 50% for12% - stats carbon inequality - quote carbon inequality - 2019
// A key question is also this: - what are individuals using those carbon emissions for? - is it being used just for luxury consumption - or is it being used to develop and actionize scalable low carbon strategies? - if it is the later, it could be seen as a de-carbon investment
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They also highlighted that high emitters live in all countries, but were concentrated in the USA (3.16 million), causing an average 318 t CO2-e per person, Luxemburg (10,000 individuals emitting 287 t CO2-e/year each), Singapore (50,000, 251 t CO2-e/year), Saudi Arabia (290,000, 247 t CO2-e/year), and Canada (350,000, 204 t CO2-e/year)
Noteworthy countries with the most high carbon net worth individuals (HCNW): - USA - 3.16 million individuals emitting an average 318 t CO2-e/year/person, - Luxemburg: 10,000 individuals emitting an average 287 t CO2-e/year/person, - Singapore: 50,000 individuals emitting 251 t CO2-e/year/person, - Saudi Arabia: 290,000 individuals emitting 247 t CO2-e/year/person, - Canada: 350,000 individuals emitting 204 t CO2-e/year/person
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Key drivers of individual emissions include energy-intense transportation, especially private aircraft and yachts, and multiple real estate ownership, often in different continents
Biggest source of emissions of the elite: - yachts - private air transportation - multiple homes in different countries
// - luxury industries of: - private jets - luxury home real estate - yachts - are unsustainable - this irresponsible, unsustainable consumption is imperiling civilization itself
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