The tycoons include the Amazon boss, Jeff Bezos, the Russian oligarch Roman Abramovich, the tech billionaires Bill Gates, Larry Page and Michael Dell, the inventor and social media company owner Elon Musk and the Mexican business magnate Carlos Slim.
Analysis by Oxfam and US researchers of their luxury purchases, and the impact of their financial investments and shareholdings, reveals they account for almost 17m tonnes of CO2 and equivalent greenhouse gas emissions annually. This is the same as the CO₂ and equivalent emissions from powering 2.1m homes or the emissions from 4.6 coal-fired power plants over a year, according to conversion data from the US Environmental Protection Agency.
The true scale of the investment emissions of these individuals is not generally reported. Oxfam analysts working with two US academics, Beatriz Barros and Richard Wilk, used publicly available data to calculate the greenhouse gas impacts.
Oxfam International's inequality policy adviser, Alex Maitland, said: "Through the corporations they own, billionaires emit a million times more carbon than the average person.
Bu hikaye The Guardian Weekly dergisinin November 24, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye The Guardian Weekly dergisinin November 24, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
Finn family murals
The optimism that runs through Finnish artist Tove Jansson's Moomin stories also appears in her public works, now on show in a Helsinki exhibition
I hoped Finland would be a progressive dream.I've had to think again Mike Watson
Oulu is five hours north from Helsinki by train and a good deal colder and darker each winter than the Finnish capital. From November to March its 220,000 residents are lucky to see daylight for a couple of hours a day and temperatures can reach the minus 30s. However, this is not the reason I sense a darkening of the Finnish dream that brought me here six years ago.
A surplus of billionaires is destabilising our democracies Zoe Williams
The concept of \"elite overproduction\" was developed by social scientist Peter Turchin around the turn of this century to describe something specific: too many rich people for not enough rich-person jobs.
'What will people think? I don't care any more'
At 90, Alan Bennett has written a sex-fuelled novella set in a home for the elderly. He talks about mourning Maggie Smith, turning down a knighthood and what he makes of the new UK prime minister
I see you
What happens when people with acute psychosis meet the voices in their heads? A new clinical trial reveals some surprising results
Rumbled How Ali ran rings around apartheid, 50 years ago
Fifty years ago, in a corner of white South Africa, Muhammad Ali already seemed a miracle-maker.
Trudeau faces 'iceberg revolt'as calls grow for PM to quit
Justin Trudeau, who promised “sunny ways” as he won an election on a wave of public fatigue with an incumbent Conservative government, is now facing his darkest and most uncertain political moment as he attempts to defy the odds to win a rare fourth term.
Lost Maya city revealed through laser mapping
After swapping machetes and binoculars for computer screens and laser mapping, a team of researchers have discovered a lost Maya city containing temple pyramids, enclosed plazas and a reservoir which had been hidden for centuries by the Mexican jungle.
'A civil war' Gangs step up assault on capital
Armed fighters advance into neighbourhoods at the heart of Port-au-Prince as authorities try to restore order
Reality bites in the Himalayan 'kingdom of happiness'
High emigration and youth unemployment levels belie the mountain nation's global reputation for cheeriness
