Richest 1% Used up Annual Carbon Emmission Budget in 10 Days, Says Oxfam

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Research by the British charity Oxfam has called on the British Chancellor of the Exchequer to raise taxes on the richest.

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One percent of the world's richest countries have used up their share of carbon emissions just 10 days into the year.

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According to analysis, the world's richest 1 percent have already exhausted their "fair" annual carbon dioxide emissions quota in the first ten days of 2026. The research - conducted by Oxfam - also found that the richest 0.1 percent needed just three days to exhaust their annual carbon dioxide limit. According to the aid organization, the most severe consequences of emissions will be suffered by those who have contributed the least to the clima…

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The carbon budget for the richest one percent on earth is over. Ten days into the new year.