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America's richest 10% are responsible for 40% of its planet-heating pollution, new report finds (www.cnn.com)
submitted 1 year ago by stopthatgirl7@kbin.social to c/worldnews@lemmy.ml
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America’s wealthiest people are also some of the world’s biggest polluters – not only because of their massive homes and private jets, but because of the fossil fuels generated by the companies they invest their money in.

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[-] bionicjoey@lemmy.ca 20 points 1 year ago

If you have over a billion dollars, you could spend every waking moment shovelling money into a fire and you would still have over a billion dollars when you die

[-] SnowdenHeroOfOurTime@unilem.org 6 points 1 year ago

When I first started reading this sentence, I thought I was with you, but by the end I was scratching my head.

[-] bionicjoey@lemmy.ca 12 points 1 year ago

My point is how much money a billion is. You literally couldn't get rid of it fast enough to keep it from piling up (assuming it is accruing risk free interest).

[-] Blapoo@lemmy.ml 4 points 1 year ago

Yep. They earn interest on their money often faster than they can spend it. It makes less than no sense.

this post was submitted on 18 Aug 2023
1116 points (97.0% liked)

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