The Damage Report
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ULTRA Rich Travelers Spark Disastrous Consequences
Posted
July 17, 2022
Views
12,378
Likes
610
Comments
98
Engagement
5.72%
July 17, 2022
12,378
610
98
5.72%
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5:31Now PlayingThe most wealthy 1% of people in the world are creating a huge carbon footprint compared to the rest of the world, mainly due to their private travel plans. John Iadarola and Ana Kasparian break it down on The Damage Report.
Read more here:
Carbon emissions of richest 1% set to be 30 times the 1.5°C limit in 2030
"The carbon footprints of the richest 1 percent of people on Earth is set to be 30 times greater than the level compatible with the 1.5°C goal of the Paris Agreement in 2030, according to new research out today. It comes as delegates grapple with how to keep this goal alive at the COP26 meeting in Glasgow.
In 2015, governments agreed to the goal of limiting global heating to 1.5°C above pre-industrial levels, but current pledges to reduce emissions fall far short of what is needed. To stay within this guardrail, every person on Earth would need to emit an average of just 2.3 tons of CO2 per year by 2030 ―this is roughly half the average footprint of every person on Earth today.
Today’s study, commissioned by Oxfam based on research carried out by the Institute for European Environmental Policy (IEEP) and the Stockholm Environment Institute (SEI), estimates how governments’ pledges will affect the carbon footprints of richer and poorer people around the world. It treats the global population and income groups as if they were a single country. "
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