Wealthiest 10% Responsible For Nearly 50% Of Greenhouse Gas Emissions
A new study has highlighted the inequality underriding the climate crisis.
The paper, published in Nature Sustainability Thursday, looked at the difference in per-capita emissions across the global economic spectrum between 1990 and 2019. During this time, the top one percent of emitters were responsible for nearly a quarter of all emissions contributing to the climate crisis and the top 10 percent are now responsible for nearly half of the total.
“In my benchmark estimates, I find that the bottom 50% of the world population emitted 12% of global emissions in 2019, whereas the top 10% emitted 48% of the total,” the study’s sole author Lucas Chancel of the Paris School of Economics’ World Inequality Lab wrote. “Since 1990, the bottom 50% of the world population has been responsible for only 16% of all emissions, whereas the top 1% has been responsible for 23% of the total.”