Jet-Powered Hypocrisy: Richest 1% of Global Elites Emit as Much Carbon as Bottom Two-Thirds
Private jets. Private yachts. Multiple holidays a year. Garages full of luxury vehicles. Investments driving – and profiting from – fossil fuel industries. These are just some of the factors that combine to see global elites, who comprise one percent of the planet’s population, emit the same amount of carbon as the world’s poorest two-thirds, or five billion people, an analysis published Sunday by the nonprofit Oxfam International details.