World’s richest 1% have already used fair share of emissions for 2026, says Oxfam
(www.theguardian.com)
To give this some context, to be in the richest 1% for income, you need to earn about $80k USD equivalent per year or have a net wealth of about $1.2Million USD equivalent.
https://daadscholarship.com/how-much-money-need-to-earn-to-join-top-1-of-the-world-in-2025/
Our annual emissions per person for a sustainable emsiions budget is aboit 2-3t per year. Mostly were relying on the poor to do their bit eg the average Ethipoan emits aboit 0.2t per year. The average American about 15t.
Anyone who owns a large dog, or flys, or eats lots of beef, or drives a car is emitting morw then theiir share
We could start by banning all flying.
As Professor Kevin Anderson has talked of often, if we had the richest 10% live like the average European we could cut emissions by 40%, not enough but a good start and could be easiely implemented in a month.
https://www.theguardian.com/world/article/2024/may/07/un-expert-human-rights-climate-crisis-economy
Outgoing special rapporteur David Boyd says ‘there’s something wrong with our brains that we can’t understand how grave this is’