Mmastodon first seen 1 d ago, last 4 min ago, peak #1
Oxfam report says super-rich profit doubly from climate crisis
Original: Super-rich get ‘double dividend’ from causes and costs of climate crisis, report finds
A new Oxfam report finds the world's richest people benefit twice from the climate crisis: their pollution drives global warming while their investments in disaster recovery and reconstruction generate returns, widening inequality. Oxfam argues this gives wealthy investors a financial incentive to delay meaningful climate action, and calls for taxation and faster emissions cuts.
Why now: Oxfam has just published a new report linking billionaire wealth to both climate damage and climate-profit, drawing fresh attention ahead of climate policy debates
Rank over time, top of the chart is #1. 161 snapshots from 1 d ago to 4 min ago.
Evidence
- Super-rich get ‘double dividend’ from causes and costs of climate crisis, report finds · The Guardian
Oxfam says investing by rich in disaster recovery widens inequality and gives incentive to delay climate action
Elsewhere
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