The richer, the greater pollutants
While every person on Earth needs to reduce their CO2 emissions to an average of 2.3 tonnes by 2030, emissions of the richest 1% of humanity are on track to be 30 times greater.
The richest 1% – which is a population smaller than Germany – are on track to be releasing 70 tonnes of CO2 per person a year if current consumption continues, according to a new study.
In total they will account for 16% of total emissions by 2030, up from 13% of emissions in 1990. Meanwhile, the poorest 50% will be releasing an average of one tonne of CO2 annually.
Global leaders gather in Cop26 to discuss ways to curb emissions and keep the 1.5C target on the table, with a number of delegates arriving at the climate conference by private jet, including Boris Johnson, Prince Charles and Jeff Bezos.
The study is urging the richest citizens to speed up action on global heating by cutting their own CO2 emissions in line with Paris targets, and using their influence and financial backing to drive a green economy.
The paper shows that the fight to keep 1.5C within reach is not being hampered by the consumption of most people on the planet, but by the excessive emissions of the world’s richest citizens.
Climate scientists warn that there is a finite amount of greenhouse gases that we can continue to release into the atmosphere before the planet warms to more than 1.5C from pre-industrial levels. By 2030, they say, we need to only emit as much carbon as the planet can absorb.
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