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‘Luxury carbon consumption’ of top 1% threatens 1.5C global heating limit
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The carbon dioxide emissions of the richest 1% of humanity are on track to be 30 times greater than what is compatible with keeping global heating below 1.5C, new research warns, as scientists urge governments to “constrain luxury carbon consumption” of private jets, megayachts and space travel.
In keeping with the Paris climate goals, every person on Earth needs to reduce their CO2 emissions to an average of 2.3 tonnes by 2030, about half the average of today.
The richest 1% – which is a population smaller than Germany – are on track to be releasing 70 tonnes of CO2 per person a year if current consumption continues, according to the study. In total they will account for 16% of total emissions by 2030, up from 13% of emissions in 1990.
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