"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.
Kind of confusing study. I thought it would outline how specifically those 10% are emitting that many gasses, so doing breakdowns like how much it costs to operate their homes and breakdowns of their methods of travel.
But, it is taking into consideration stuff like company they work for so like someone who lives without electricity in a tent and bikes but gets a high wages from a petroleum factory while investing most of their money as an engineer would be considered to be a higher gas emitter than someone who works in insurance while driving suvs and pickup trucks and living in a huge house.
It’s pretty abstract. Makes for a catchy headline, but not the direct picture I was hoping for when it comes to a household because it’s more an industry revenue analysis.
For those that want to skip straight to the study here it is
Kind of confusing study. I thought it would outline how specifically those 10% are emitting that many gasses, so doing breakdowns like how much it costs to operate their homes and breakdowns of their methods of travel.
But, it is taking into consideration stuff like company they work for so like someone who lives without electricity in a tent and bikes but gets a high wages from a petroleum factory while investing most of their money as an engineer would be considered to be a higher gas emitter than someone who works in insurance while driving suvs and pickup trucks and living in a huge house.
It’s pretty abstract. Makes for a catchy headline, but not the direct picture I was hoping for when it comes to a household because it’s more an industry revenue analysis.
For those that want to skip straight to the study here it is
https://journals.plos.org/climate/article?id=10.1371/journal.pclm.0000190