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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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[-] Mangoholic@lemmy.ml 2 points 1 year ago

Last year they increased their wealth by 8 trillion usd. Since 2021 their combined wealth is 42 trillion usd. (Thats twice as much as the rest 99% combined)

It is estimated that to fix the climate crisis it takes between 300 billion - 50 trillion usd. So they actually could do that.

And than there is the matter of comparing personal profit of a few. To the entire value produced by a country. Which is a really dumb comparison.

But you might know that the gdp of the us in 2021 was around 23 trillion.

So your the intellectual floor gymnast, dipshit.