“Billionaires emit a million times more greenhouse gases than the average person: Oxfam”
November 8, 2022
“The investments of 125 billionaires produce 393 million metric tonnes of carbon dioxide emissions every year, according to a report by Oxfam.
That’s the equivalent CO2 output to the whole of France and makes the average billionaire’s annual emissions a million times higher than a person in the poorest 90% of the world’s population, the global poverty charity says.
The billionaires included in the study have a collective $2.4 trillion stake in 183 companies, which averages out at 3 million metric tonnes of carbon dioxide emitted per billionaire, per year. People outside the world’s wealthiest 10% emit an average of 2.76 metric tonnes of carbon dioxide annually.
The report by Oxfam analyzed how 125 of the world’s richest people had invested their money and looked at the carbon emissions of those investments.
The study found that around 14% of the billionaires’ investments were in “polluting industries,” such as non-renewable energy and materials such as cement, while the average investor has half that amount invested in those sectors…”
The people pushing for zero carbon emissions are very stupid and are hypocrites. They want their private jets, powered by gas, and air conditioning but they don’t want you to have such things. They want gas for their jets but you can’t have it for your car. These people are a danger to society due to their stupidity. The laws they wish to pass will cause mass death and destruction.
Zero carbon means zero people. You are made of carbon. The only way to cut carbon is to cut you. Understand? The sooner everyone realize this the better. Energy is the economy and simply put in this day and age carbon is energy. That’s why I’m talking about this on a financial website.