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Study: World's Richest 10% Behind 65% of Global Warming

  • #Climate change
  • #Environment
  • #Money
  • #World
Study: World's Richest 10% Behind 65% of Global Warming
story
MAY 7
Above: The super yacht "Ice," is moored in Nice's harbor, on Oct. 19, 2011 in southeastern France.  Image copyright: VALERY HACHE/Contributor/AFP via Getty Images
story last updated MAY 8

The Spin

Left narrative

Progressive wealth taxes and carbon-intensive investment regulations could effectively limit the wealthy's outsized contribution to climate change, reduce global warming, and provide crucial funding for climate adaptation in vulnerable regions. Making wealthy polluters pay is not just about fairness — it's about leveraging one of the most powerful tools available to prevent catastrophic climate impacts.

NatureGuardian

Right narrative

Implementing targeted climate policies on specific income groups could unfairly burden successful individuals and businesses that drive economic growth and innovation. Broad-based market solutions and technological advancement, rather than punitive measures against the wealthy, are the most effective approaches to addressing climate change and maintaining economic prosperity.

The Economic TimesFrance 24

Metaculus Prediction


The Controversies


LOWHIGH
Status:Open
Is Climate Change an Existential Threat?
Controversy
MAY 8MAY 8

UNLIKELYLIKELY
Status:Open
Will Global Warming Be Limited to 1.5°C or "Well Below" 2°C?
Controversy
MAY 8MAY 8

Status:Open
Will There Be an End to Fossil Fuels, and If So When?
Controversy
+17
MAY 8MAY 8

UNLIKELYLIKELY
Status:Open
Will 2025 Be the Hottest Year Ever Recorded?
Controversy
MAY 8MAY 8

Articles on this story

Two-thirds of global heating caused by richest 10%, study suggests
GuardianMAY 11
Worlds richest 10% responsible for two-thirds of global warming since 1990, study finds
IndependentMAY 11