"Without policies such as regulations or taxes on very polluting investments, it's unlikely that wealthy individuals making a lot of money from fossil fuel investments will stop investing in them," says one economist.
I’d like to see it divided up even more on the top 10%.
Well the boy howdy do I have good news for you! If you read the article linked (and even better, the open access Journal article linked) you may find some cool nuggets like:
“Among the highest-earning 1% of households (whose income is linked to 15-17% of national emissions), investment holdings account for 38-43% of their emissions,”
And
Then there were “super-emitters” with extremely high overall greenhouse gas emissions, corresponding to about the top 0.1% of households. About 15 days of emissions from a super-emitter was equal to a lifetime of emissions for someone in the poorest 10% in America.
Clicking into the journal article you may even find cool figures like this one, showing breakdown of emissions by category for each income group:
Every time I read about the ultra rich the exceed my negative expectations. 15 days = 1 lifetime is waaay more than I thought. My guess would have been like 1 year to build up that much. Wtf are they doing
Well the boy howdy do I have good news for you! If you read the article linked (and even better, the open access Journal article linked) you may find some cool nuggets like:
And
Clicking into the journal article you may even find cool figures like this one, showing breakdown of emissions by category for each income group:
https://journals.plos.org/climate/article/figure?id=10.1371/journal.pclm.0000190.g001
Or this table showing the share of national emissions for each percentile:
https://journals.plos.org/climate/article/figure?id=10.1371/journal.pclm.0000190.t001
Every time I read about the ultra rich the exceed my negative expectations. 15 days = 1 lifetime is waaay more than I thought. My guess would have been like 1 year to build up that much. Wtf are they doing