Some of the world's richest billionaires each emit about 3 million metric tons of carbon dioxide on average per year, more than 1 million times the amount emitted by 90% of people, according to a new study.
The sample consisted of 125 billionaire with investments in 183 corporations, and who have a combined corporate equity value of $2.4 trillion. About 50 to 70% of their emissions stem from their investments.
Collectively, their annual carbon dioxide emissions total about 393 million metric tons, which is about the same annual carbon footprint of France with its population of 67 million people, according to the report by Oxfam, a charity collective that aims to reduce poverty.
The process of relocating people from New Orleans should start immediately, as the city has reached...
Wildfires burning across the south-eastern US intensified on Wednesday across parts of south-east Georgia, where 50...
The poor and middle pay taxes, the rich pay accountants, the very rich pay lawyers –...
American territories are recovering after a category 5 super typhoon hit Western Pacific islands before peak...
