this post was submitted on 07 May 2025
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Paper in Nature Climate Change journal reveals major role wealthy emitters play in driving climate extremes

The world’s wealthiest 10% are responsible for two-thirds of global heating since 1990, driving droughts and heatwaves in the poorest parts of the world, according to a study.

While researchers have previously shown that higher income groups emit disproportionately large amounts of greenhouse gases, the latest survey is the first to try to pin down how that inequality translates into responsibility for climate breakdown. It offers a powerful argument for climate finance and wealth taxes by attempting to give an evidential basis for how many people in the developed world – including more than 50% of full-time employees in the UK – bear a heightened responsibility for the climate disasters affecting people who can least afford it.

“Our study shows that extreme climate impacts are not just the result of abstract global emissions; instead we can directly link them to our lifestyle and investment choices, which in turn are linked to wealth,” said Sarah Schöngart, a climate modelling analyst and the study’s lead author.

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[–] [email protected] 4 points 1 month ago

Wealth is the great filter

[–] [email protected] 4 points 1 month ago

Two-thirds of global heating caused by us here, study suggests (shocker)

[–] [email protected] 4 points 1 month ago

What do we do, set our inflation target to -2% instead?

[–] [email protected] 37 points 1 month ago (2 children)

Context and after some searching

  • Global Top 10% Wealth: ~$93,170 (2018)).

  • Global Top 10% Income: ~$39,382 annually (PPP-adjusted).

Wealth source

https://www.cnbc.com/2018/11/07/how-much-money-you-need-to-be-in-the-richest-10-percent-worldwide.html

Income source

https://wid.world/income-comparator/

[–] [email protected] 1 points 1 month ago* (last edited 1 month ago)

https://wid.world/income-comparator/

How the hell am I in the bottom 46% with an annual income of €38000?

Edit: I see, I think this is more about purchasing power than income, selecting some random 3rd world country would out me way higher

[–] [email protected] 3 points 1 month ago

I immediately started searching this up on seeing the article. Should've known someone in the comments already beat me to it. Thanks for the links!

[–] [email protected] 8 points 1 month ago* (last edited 1 month ago)

Context and after some searching

  • Global Top 10% Wealth: ~$93,170 (2018)).

  • Global Top 10% Income: ~$39,382 annually (PPP-adjusted).

Wealth source

https://www.cnbc.com/2018/11/07/how-much-money-you-need-to-be-in-the-richest-10-percent-worldwide.html

Income source

https://wid.world/income-comparator/

[–] [email protected] 29 points 1 month ago

Can we do top 1% so that I don't feel included?

[–] [email protected] 12 points 1 month ago

But have YOU been to space?

[–] [email protected] 1 points 1 month ago

My study suggests the other 90% let them to vary degrees.

[–] [email protected] 1 points 1 month ago
[–] [email protected] 37 points 1 month ago (2 children)

Nice to see the phrase "global heating" instead of the wimpy "global warming" or the even more milquetoasty "climate change". I prefer the phrase "anthropogenic runaway global heating" because it makes clear the scale and severity of the problem as well as its origin, and also for the handy acronym.

[–] [email protected] 1 points 1 month ago

Some of the poor people need heat. They get cold at night.

[–] [email protected] 5 points 1 month ago (1 children)

I sometimes call it "planet destruction" or "stupidity of mankind"

[–] [email protected] 4 points 1 month ago

Yeah, but those phrases can apply to a whole lot of things.

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