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CEO North America > CEO Life > Environment > Study finds richest individuals produce same carbon emissions as poorest 66%

Study finds richest individuals produce same carbon emissions as poorest 66%

in Environment
Study finds richest individuals produce same carbon emissions as poorest 66%
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According to a new study conducted by Oxfam, the richest 1% of the world produce the same quantity of carbon emissions per year as the poorest 66% of the global population.

The research went on to find that the richest 10% contribute to 50% of all personal consumption global emissions, while the bottom 50% only contribute to 8% of personal consumption carbon emissions.

One-third of personal consumption carbon emissions by the 1% reportedly came from individuals based out of the United States.

The report also noted that 50% to 70% of personal consumption emissions by the 1% were related to investments in companies.

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