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Environment

September 26, 2020 - Phys.org

Richest 1%'s emissions twice that of poorest 50%: analysis

Richest 1%'s emissions twice that of poorest 50%: analysis
Private jet travel, huge GHG emissions© Photabulous!

The richest one percent of people are responsible for more than twice as much carbon pollution as the poorest half of the world's population—3.1 billion people—new research showed Monday.

Despite a sharp decrease in carbon emissions due to the pandemic, the world remains on pace to warm several degrees this century, threatening poor and developing nations with the full gamut of natural disasters and displacements.

An analysis led by Oxfam showed that between 1990 and 2015, when annual emissions ballooned 60 percent, that rich nations were responsible for depleting nearly a third of Earth's carbon budget.

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