The Climate Crisis

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The impacts and solutions of the Climate Crisis

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The richest 1% emit as much planet-heating pollution as two-thirds of humanity. Eliminating capitalism and billionaires it produces is the only way to start meaningfully addressing the crisis. (www.oxfam.org)

submitted 2 months ago by [email protected] to c/[email protected]

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[–] [email protected] 6 points 2 months ago (1 children)

In most of the world, $800,000 is enough money that you and your wife would never have to work another day in your lives. Even in Canada that's 20-ish years of the median household income.

[–] [email protected] 2 points 2 months ago

It's a little different when much of that net worth is tied up in your house. You can leverage that for cash to an extent, but you can't simply subside on it for decades the way you could $800k in the bank.

But the larger point remains regardless of where exactly the line is drawn: "wealthy" in global terms includes people in developed countries who are not multimillionaires. These people have massively outsized carbon footprints, even if they aren't as damaging as people and organizations far wealthier than they are. It's fair to expect them to cut back on things like air travel and meat consumption.