Richest 1% have ‘blown through’ their carbon budget for 2026 in just 10 days - experts warn
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Euronews.com
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Oxfam's analysis reveals that the wealthiest individuals are significantly contributing to the climate crisis, having exhausted their carbon budgets early in the year. The report emphasizes the need for a wealth tax and stricter regulations on the emissions of the super-rich, who have disproportionate influence over climate policies. The emissions from the richest one percent could lead to millions of heat-related deaths and substantial economic damage, particularly in low-income countries. Oxfam advocates for taxing polluting industries and luxury items to address these issues. Teljes cikk (Euronews.com)