US EditionRichest 1% have Blown Through their Fair Share of Carbon Emissions for 2026 --in just 10 Days
Oxfam reports the richest 1% used their 2026 carbon budget in 10 days, driving emissions that could cause 1.3 million heat-related deaths by century's end.
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7 Articles
The Richest 1 Percent Burned Their Entire Share of Carbon for the Year in Just 10 Days
In less time than it takes to get bored of your new year’s resolution, the planet’s wealthiest people had already blown through their yearly ration of carbon emissions. We’re not speaking figuratively, either. A new analysis by the Oxfam Foundation found that the world’s richest 1 percent exceeded their fair share of annual carbon emissions just 10 days into the year. The global “carbon budget” is based off the amount of carbon dioxide that huma…
Pollutocrat Day marks the moment when the richest people on the planet have already consumed all of their "annual budget" of carbon. While millions barely contribute to global warming, the richest 1% has exhausted emissions compatible with a safe climate in a few days. Oxfam Intermón’s analysis puts figures on extreme climate inequality that has deadly consequences, accelerates the climate crisis, and questions an economic model where those who …
Richest 1% have Blown Through their Fair Share of Carbon Emissions for 2026 --in just 10 Days
Credit: OxfamBy OxfamLONDON, Jan 13 2026 (IPS) The richest 1% have exhausted their annual carbon budget – the amount of CO2 that can be emitted while staying within 1.5 degrees of warming – only ten days into the year, according to new analysis from Oxfam. The richest 0.1% already used up their carbon limit on the 3rd January. This day – named by Oxfam as ‘Pollutocrat Day’ – highlights how the super-rich are disproportionately responsible for dr…
How the super-rich are driving the climate crisis
Climate justice campaigners have highlighted the disproportionate impact on climate change from the world’s super-rich, who produce more carbon pollution on average in ten days than someone in the bottom 50% does in an entire year.Consumption by the world's richest people has a disproportionate impact on the climateThe world’s richest 1% have exhausted their annual carbon budget – the amount of CO2 that can be emitted while staying within 5 degr…
In the first 10 days of this 2026, the richest 1% of the world’s population has exhausted their annual carbon budget. Let’s think about the lifestyle of the world’s five richest men, because there are no women. Elon Musk, creator of Tesla, electric cars, Spacex, and Larry Ellison, owner of one of the world’s largest software and cloud service companies; obviously they don’t line up, don’t go through public terminals and have private drivers and …
An Oxfam environmental coalition report points out that 1% of the world’s richest inhabitants exceeded their annual carbon share for this year in the first ten days of the month, which shows that the climate crisis is also an issue of economic inequality. Similarly, 0.1% of the richest people exceeded that share in three days. This wealthy sector will have to reduce its emissions by 97% by the end of the decade to keep the warming limit at 1.5 d…
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