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This week a new study from Oxfam revealed that the world’s richest one percent cause more than double the CO2 emissions of the poorest 50%. Experts believe that if the people who make up the richest 10%* continue to consume at this rate for the next 10 years, climate change could surpass the critical 1.5 […]
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The world’s richest one percent cause more than double the CO2 of the poorest 50% according to a new study from Oxfam. From 1990 to 2015, CO2 emissions rose by 60%; experts saw the wealthiest one percent’s emissions rise three times more than those of the poorest half during that period.
Why this matters: While the wealthiest indulge in luxuries that contribute more to climate change, a federal report found that the poor will be among the earliest victims of climate crises and will be impacted the most.
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