US EditionWealthiest 10% of U.S. households responsible for 40 percent of greenhouse gas emissions: study
- Americans in the top 10% of earners are responsible for 40% of the country's greenhouse gas emissions, with investments made as part of household incomes linked to the emissions generated by those investments.
- The study analyzed emissions associated with investments that created income for households, rather than solely looking at emissions produced by households themselves.
- Higher income households, who receive a significant portion of their income from investments, were found to have emissions associated with their investment income, with the top 1% of earners alone responsible for 15-17% of the nation's emissions.
17 Articles
17 Articles
Study: Top 1 Percent Responsible for 15 Percent of US Greenhouse Gas Emissions
The richest households are responsible for a vastly disproportionate share of greenhouse gas emissions in the U.S., a new study finds. According to a study published on Thursday in PLOS Climate, the richest 10 percent of U.S. households are responsible for over 40 percent of the nation’s total greenhouse gas emissions. Further, the top 1 percent alone account for between 15 and 17 percent of... Source
Wealthiest 10% responsible for 40% of U.S. greenhouse gas emissions, UMass study finds
The nation’s wealthiest citizens are responsible for a preponderance of America’s greenhouse gas emissions, and a tax on the investment income responsible for that pollution could be a way to tame rising temperatures, says a UMass Amherst study.Researchers in the new UMass Amherst study, released this week, say these findings are the first to tie income — especially investment income — to the emissions that are used to generate it.
Wealthiest 10% of U.S. households responsible for 40 percent of greenhouse gas emissions: study
The richest tenth of U.S. households are responsible for 40% of all the nation's greenhouse gas emissions, a study published Thursday revealed, underscoring what progressives say is the need for regulations and taxes on carbon-intensive investments.Published in PLOS Climate, the study—which was led by University of Massachusetts, Amherst sustainability scientist Jared Starr—analyzed 30 years of U.S. household income data and the greenhouse gas e…
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