Paper in Nature Climate Change journal reveals major role wealthy emitters play in driving climate extremes
The world’s wealthiest 10% are responsible for two-thirds of global heating since 1990, driving droughts and heatwaves in the poorest parts of the world, according to a study.
While researchers have previously shown that higher income groups emit disproportionately large amounts of greenhouse gases, the latest survey is the first to try to pin down how that inequality translates into responsibility for climate breakdown. It offers a powerful argument for climate finance and wealth taxes by attempting to give an evidential basis for how many people in the developed world – including more than 50% of full-time employees in the UK – bear a heightened responsibility for the climate disasters affecting people who can least afford it.
“Our study shows that extreme climate impacts are not just the result of abstract global emissions; instead we can directly link them to our lifestyle and investment choices, which in turn are linked to wealth,” said Sarah Schöngart, a climate modelling analyst and the study’s lead author.
Context and after some searching
Global Top 10% Wealth: ~$93,170 (2018)).
Global Top 10% Income: ~$39,382 annually (PPP-adjusted).
Wealth source
https://www.cnbc.com/2018/11/07/how-much-money-you-need-to-be-in-the-richest-10-percent-worldwide.html
Income source
https://wid.world/income-comparator/
How the hell am I in the bottom 46% with an annual income of €38000?
Edit: I see, I think this is more about purchasing power than income, selecting some random 3rd world country would out me way higher
I immediately started searching this up on seeing the article. Should’ve known someone in the comments already beat me to it. Thanks for the links!