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Apparently it'd cost $4.7tn [1] to deploy enoug low-carbon tech worldwide to keep us within 2 degrees, and the top 1% collectively have $127tn [2], $26.5tn of w
by richmarr 8y ago
Apparently it'd cost $4.7tn [1] to deploy enoug low-carbon tech worldwide to keep us within 2 degrees, and the top 1% collectively have $127tn [2], $26.5tn of which is hidden in offshore tax havens [3].
Presumably that $4.7tn estimate will now have to go up since it was from 2015, but still.
If billionaires were that bothered they would have addressed the problem by now. They're not coming to help us, they're building spaceships so they can leave.
Sources here:
[1] World bank article - http://www.worldbank.org/en/news/feature/2015/04/18/raising-trillions-for-climate-finance http://www.worldbank.org/en/news/feature/2015/04/18/raising-...
[2] Credit Suisse Global Wealth Report - https://www.motherjones.com/politics/2014/11/2014-global-wealth-report/ https://www.motherjones.com/politics/2014/11/2014-global-wea...
[3] Tax Justice Network - https://www.motherjones.com/politics/2012/07/super-rich-trillions-offshore-tax-havens/ https://www.motherjones.com/politics/2012/07/super-rich-tril...