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Emissions: How the super-rich are fueling the climate crisis

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Published: October 29th, 2024,
Last updated: May 28th, 2025

Jack Mas 88 Meter lange Yacht Zen.
Yachts and private jets increase the emissions of the super-rich in particular.

The high CO2 emissions for which the richest one percent of humanity is responsible are exacerbating hunger, poverty and also leading to increased deaths because they are fuelling the climate crisis: This is the conclusion of the report „Carbon Inequality Kills“ by the non-governmental organization Oxfam. The report analyzes the emissions of the world’s 50 richest billionaires. According to the report, they produce more greenhouse gases in 90 minutes than the average person worldwide does in a lifetime. If everyone caused this many emissions, the remaining CO2 budget to stay within the 1.5-degree target would be used up in less than two days.

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Oxfam