Top 1% Responsible for Double the Carbon Emissions of Bottom Half: Oxfam
A new report published today by international charity Oxfam lays bare the massive disparities in carbon dioxide emissions between the world’s wealthy elite and the rest of society. Titled “Confronting Carbon Inequality,” the study found that over the previous 25 years, the globe’s richest one percent are responsible for 15 percent of all carbon emissions — more than double that of the bottom 50 percent (over three billion people).