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Wealthiest 10% Linked to Two-Thirds of Global Warming Since 1990, Study Finds

New research directly ties the emissions of high-income individuals to extreme climate impacts, intensifying calls for targeted policy measures.

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People waiting to get on a plane on the runway. Credit: SJBright / Alamy Stock Photo.

Overview

  • A study published in *Nature Climate Change* reveals the wealthiest 10% of individuals are responsible for two-thirds of global warming since 1990.
  • The top 1% contributed 26 times more to deadly heatwaves and 17 times more to Amazon droughts compared to the global average.
  • The research highlights the role of emissions embedded in financial investments, not just personal consumption, as key drivers of climate change.
  • Findings bolster calls for progressive wealth taxes and carbon levies on high-net-worth individuals to address emissions inequality and fund climate adaptation in vulnerable regions.
  • The study underscores the urgency of holding affluent emitters accountable as global temperatures near the critical 1.5°C threshold set by the Paris Agreement.