Oxfam Accuses Billionaires of Heating up the Climate Crisis
8 Articles
8 Articles
In one hour, Swedish private flights emit more carbon dioxide than the average Swede does in an entire year, writes representatives of Oxfam.
According to a report by the development organization Oxfam, the climate balance of private jets is devastating. Luxury aircraft cause more climate-damaging CO2 in half an hour than a normal consumer in Germany throughout the year.
Private jets, oil and gas investments: According to a new study, the richest in the world contribute disproportionately to global warming. Oxfam demands consequences.
With their lifestyle and investments, billionaires caused extremely high greenhouse gas emissions, reports the development organization Oxfam. And then they would even benefit from the damage.
The richest people on Earth not only cause the highest CO2 emissions but are also increasingly profiting from climate disasters themselves, Oxfam states in a report published on Tuesday. According to the development organization, reconstruction following such disasters is becoming "an increasingly lucrative business model" from which large construction companies and insurance firms, among others, benefit. The shares of those companies are partly…
The world's wealthiest emit the most CO2, making them the biggest contributors to climate change and even profiting from that climate misery. That is the provocative conclusion of a new report by Oxfam Novib.
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