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> To make it into the richest 1 percent globally, all you need is an income of around $34,000 [0] That group is still pretty price sensitive. Maybe not enough

• crucialfelix 5y ago
  Yes, good point. And we aren't going to finger-point our way out of this. Oxfam press release: > In 2015, around half the emissions of the richest 10 percent - people with net income over $38,000 - are linked to citizens in the US and the EU and around a fifth with citizens of China and India. Over a third of the emissions of the richest one percent – people with net income over $109,000 - are linked to citizens in the US, with the next biggest contributions from citizens of the Middle East and China. Net incomes are based on income thresholds for 2015 and represented in $ 2011 PPP (purchasing power parity). From the paper they are linking to: > The richest 10% of the world’s population (c.630 million people) were responsible for 52% of the cumulative carbon emissions – depleting the global carbon budget by nearly a third (31%) in those 25 years alone (see Figure 1); > The richest 1% (c.63 million people) alone were responsible for 15% of cumulative emissions, and 9% of the carbon budget – twice as much as the poorest half of the world’s population (see Figure 1); https://oxfamilibrary.openrepository.com/bitstream/handle/10546/621052/mb-confronting-carbon-inequality-210920-en.pdf https://oxfamilibrary.openrepository.com/bitstream/handle/10... Additional data point: I don't have a yacht.