'Make Rich Polluters Pay' – Only 10 Days Into 2025, The World's Richest Have Already Exhausted Their Fair Share Of The Year's Carbon Budget

Benzinga

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'Make Rich Polluters Pay' – Only 10 Days Into 2025, The World's Richest Have Already Exhausted Their Fair Share Of The Year's Carbon Budget

La Silla Vacía

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“The richest 1% consumes their annual carbon share in 10 days”: The Guardian

According to an article by the British media The Guardian, which is based on research by Oxfam, the richest 1% in the world consumed its global carbon budget for 2025 in just 10 days.What is an annual carbon budget?This budget measures how much carbon dioxide (CO2) can be emitted to avoid exceeding the 1.5°C limit of global warming.This is generated by burning coal, gas, oil, as well as the change in land use, and the emission of gases that trap…

thefinancialanalyst.net

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Wealthiest 1% Exhaust Carbon Budget in Days, Impacting Retail Strategies

The recent report highlighting that the world’s wealthiest 1% have exhausted their carbon budget for 2025 within just 10 days raises significant implications for the retail and wholesale sectors. As consumers increasingly prioritize sustainability, companies that fail to address their carbon footprints may face heightened scrutiny, potential boycotts, or shifts in consumer preferences. Source

caszazemljo.si

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The richest people on Earth have already squandered their carbon budget in just ten days of the year

The richest 1% of people have already used up their share of the global carbon budget for 2025 in just the first 10 days of January, according to new research from Oxfam, which focuses on the impact of the super-rich's lavish lifestyles on the climate crisis.