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Billionaires are said to generate more carbon emissions

Author
Newstalk ZB,
Publish Date
Sun, 13 Nov 2022, 12:05pm
Photo / File
Photo / File

Billionaires are said to generate more carbon emissions

Author
Newstalk ZB,
Publish Date
Sun, 13 Nov 2022, 12:05pm

In a less-than-surprising development, a new study has confirmed that the world's richest people live life differently to most, and that translates over into carbon emissions.

Billionaires emit huge and unsustainable amounts of carbon and unlike ordinary people, 50 percent to 70 percent of their emissions result from their investments.

Dr Joel Rindelaub, University of Auckland Research Fellow observes that a high percentage of  carbon emissions are linked to a group of 135 people, and their investments in fossil fuels contribute to pollution on a massive scale.

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