Super-rich’s assets cause outsized amount of climate harm, study says (opens in new tab)

submitted by Through their ownership of companies and private financial and physical assets, from oil producers to property developments, the super-rich are responsible for an outsized slice of the greenhouse gases that are overheating the planet. The top 1% of people by wealth, through their shareholdings and investments, control about a quarter of global annual emissions in total. Greenpeace has calculated the “climate debt” of these high net worth individuals, by attributing to them their ...