In planes and SUVs, world's richest 1% produced twice as much CO2 emissions as poorest half of humanity

The richest 10% accounted for 52% of emissions between 1990 and 2015.

iStock
The Oxfam report estimates that the richest 10% of people would have to slash their emissions to about 10 times lower than now to keep the world on track for the goal - and do it by 2030.
LONDON: Prone to frequent flying, a passion for SUVs and big spending, the richest 1% of the world's population produced twice as many planet-heating emissions as the poorest half of humanity over the last quarter-century, researchers said on Monday.

That excessive consumption has left little room in the world's "carbon budget" for poorer countries to grow without pushing the planet into increasingly dangerous climate impacts, from worsening storms to water shortages, scientists said.

And it suggests that keeping global climate change under control will require not just helping poorer countries to develop cleanly, but putting in place tough measures to curb over-consumption by the world's rich, they said in a new study.


Tim Gore, head of climate policy for anti-poverty charity Oxfam and lead author of the report, said change would not come from individuals voluntarily acting alone.

"That will never add up. This has to be driven by governments," he told the Thomson Reuters Foundation.

The research, carried out with the Stockholm Environment Institute, found that over the 25 years between 1990 and 2015, the richest 1% of people drove 15% of climate-changing emissions - more than twice the 7% emitted by the poorest half.
ADVERTISEMENT

The richest 10% accounted for 52% of emissions over that period, the study said.

The growing popularity of fuel-guzzling SUVs was a particular problem, with the vehicles emerging as the second biggest driver of global growth in carbon emissions between 2010 and 2018, it said.

As countries now look to recover from economic downturns linked to the COVID-19 pandemic, which have hit the poor hardest, revamping economic incentives to discourage excessive consumption could play a role, officials said.

"Our current economic model has been an enabler of catastrophic climate change and equally catastrophic inequality," said former United Nations Secretary-General Ban Ki-moon.
ADVERTISEMENT

The pandemic offers a chance to rethink systems - and "addressing the disproportionate carbon emissions from the wealthiest in society must be a key priority as part of this collective commitment", he added in a statement.

Still, the scale of the emissions cuts needed by the wealthy to hold planetary heating to 1.5 degrees Celsius above pre-industrial times - the toughest goal of the 2015 Paris Agreement - is breathtaking.
ADVERTISEMENT

The Oxfam report estimates that the richest 10% of people would have to slash their emissions to about 10 times lower than now to keep the world on track for the goal - and do it by 2030.

But with the onset of the coronavirus crisis, as well as growing demands for racial and social justice, "policies that were unthinkable a year ago are now being rolled out", Gore said. "This is the moment to be bold and do things differently."

Business travel, for instance, has shrunk dramatically during the pandemic, offering "a huge opportunity" to tax business-class flights, as well as private jets and frequent fliers - a move supported by a British citizens' climate panel.

Funds raised through such levies could be used to support the poorest, by investing in healthcare and education, or to boost public transport, digital infrastructure and other measures to make low-carbon living easier, researchers said.

France has already introduced tougher taxes on SUVs, Gore noted, while some governments like New Zealand and Scotland are shifting away from economic growth as the main measure of success toward a broader assessment of "well-being".

And using bailout cash for energy-smart home retrofits - something that can slash emissions, improve life for the poorest and create jobs - would address two challenges at once.

"We have to tackle deep-rooted problems of inequality alongside problems like climate change," he said.

Going Under: Mumbai, Miami Among Cities That May Be Submerged Due To Climate Crisis
1/7

As climate change tightens its hold over the planet, rising water levels are a major concern. These six cities are at most risk.


(In Pic: Mumbai)

As climate change tightens its hold over the planet, rising water levels are a major concern. These six cities are at most risk.(In Pic: Mumbai)

Bangkok is sinking at a rate of more than 1 centimetre a year and could be below sea level by 2030. The reason for this could be the towering skyscrapers which are causing the ground to cave in on itself. To help prevent flooding, an architectural firm built a 11-acre park that can hold a million gallons of rainwater. The park is designed to face future uncertainties, but Bangkok’s 20 million residents will continue to face threats of sea-level rise.

Bangkok is sinking at a rate of more than 1 centimetre a year and could be below sea level by 2030. The reason for this could be the towering skyscrapers which are causing the ground to cave in on it..
Read More

A climate change report this year said India’s financial capital would be completely submerged by the turn of the century. Mumbai, several parts of which are at sea level, is already prone to flooding. Due to lack of upgradation to its drainage system, and partially due to encroachments on the creeks which were natural channels for diverting the water’s flow, Mumbai wit-nesses severe flooding every year. The Arabian Sea could begin entering and flooding parts of Mumbai by 2050, leav-ing nearly the whole city and suburbs under water.

A climate change report this year said India’s financial capital would be completely submerged by the turn of the century. Mumbai, several parts of which are at sea level, is already prone to floodin..
Read More

Miami’s sea levels are rising at rates faster than in other areas of the world, resulting in f loods, contaminated drinking water, and major damage to homes and roads. Miami and Miami Beach already struggle with serious flooding related to sea-level rise, even when there is no rain. The flat, low-lying areas are surrounded by rising seas, and the ground underneath is mostly porous limestone, which means water will eventually rise through it.

Miami’s sea levels are rising at rates faster than in other areas of the world, resulting in f loods, contaminated drinking water, and major damage to homes and roads. Miami and Miami Beach already s..
Read More

Venice’s flooding in 2019 was already the worst the city had seen in a decade. Famous tourist attractions like St Mark’s Basilica and the Piazza San Marco were submerged in water, while the many precious artworks that the city is home to were also at risk. A recent study showed that the city, which was built on stilts, is also tilting to the East.

Venice’s flooding in 2019 was already the worst the city had seen in a decade. Famous tourist attractions like St Mark’s Basilica and the Piazza San Marco were submerged in water, while the many prec..
Read More

The Indonesian capital is the world’s fastest sinking city, going down by 6.7 inches every year. Forty per cent of Jakarta currently lies below sea level. But the main reason it’s sinking is rampant groundwater pumping. This creates a change in pressure and volume that causes the land to sink. Worst hit are the northern areas, including the port of Tanjung Priok. So dire is the situation that authorities have decided to move the seat of government to a forest on the island of Borneo.

The Indonesian capital is the world’s fastest sinking city, going down by 6.7 inches every year. Forty per cent of Jakarta currently lies below sea level. But the main reason it’s sinking is rampant ..
Read More

New Orleans is projected to see 14.5 inches of sea level rise by 2040, among the highest in the world. NASA’s maps show parts of the city sinking at a rate of two inches per year, mostly areas near the Mississippi River and industrialised sectors like Norco and Michoud. Like other major cities, the rising water level is being caused by groundwater pumping, human withdrawal of water, oil, and gas, compacting of shallow sediments and continued land movement from glaciers.

New Orleans is projected to see 14.5 inches of sea level rise by 2040, among the highest in the world. NASA’s maps show parts of the city sinking at a rate of two inches per year, mostly areas near t..
Read More

Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › Magazines › Panache › In planes and SUVs, world's richest 1% produced twice as much CO2 emissions as poorest half of humanity
Text Size:AAA
Success
This article has been saved

*

+