Unequal Carbon Footprints: Wealth's Impact on Climate Change
A new study highlights that the wealthiest one per cent of the global population is responsible for a significant portion of global warming since 1990. These individuals' lifestyle and investment choices have disproportionate impacts, causing climate injustices. The study suggests targeting wealthy individuals could yield substantial climate benefits.
- Country:
- India
A recent study has revealed the disproportionate impact of the world's wealthiest individuals on global warming, with the richest one per cent contributing to one-fifth of climate change effects since 1990.
Published in the journal Nature Climate Change, the research links the consumption and investments of high-income individuals to severe climate impacts, according to lead author Sarah Schoengart from ETH Zurich.
The findings expose the climate injustice and inequality inherent in emissions related to income, emphasizing the need for climate policies targeting reductions in emissions from the affluent, as these could significantly mitigate future climate damage.
(With inputs from agencies.)
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