Mmastodon Environment Climate first seen 5 d ago, last 5 d ago, peak #3

Oxfam says super-rich profit at both ends of climate crisis

Original: 🧐 Oxfam: Super-rich get ‘double dividend’ from causes and costs of climate crisis, report finds “The super-rich benefit

Oxfam has published a report finding that the world's super-rich receive a 'double dividend' from the climate crisis. According to the findings, wealthy investors benefit first from continued investment in polluting industries that drive global warming, and then again from the booming 'adaptation economy' of companies profiting from measures to cope with its effects. The report argues the richest people in society are rewarded whether they contribute to the causes of climate change or help fund responses to its costs, prompting calls for fairer taxation and accountability.

Why now: A major NGO report accusing the super-rich of profiting from both causing and adapting to climate change is drawing attention amid ongoing debates about wealth inequality and climate responsibility.

Oxfam super-rich climate crisis adaptation economy

Open on mastodon →

Rank over time, top of the chart is #1. 3 snapshots from 5 d ago to 5 d ago.

Evidence

🧐 Oxfam: Super-rich get ‘double dividend’ from causes and costs of climate crisis, report finds “The super-rich benefit at both ends of the crisis: first, through continued investment in polluting industries, and second, through investment in the booming ‘adaptation economy’ –… · jbz@indieweb.social · 6

API: https://socialmediatrends-api.osmike.com/v1/trends/4501289