HUMAN WRONGS WATCH

The carbon footprint of a super-rich European, accumulated from nearly a week of using super yachts and private jets, matches the lifetime carbon footprint of someone in the world’s poorest 1 percent, a new Oxfam report on 28 October 2024 reveals.

The first-of-its-kind study, “Carbon Inequality Kills”, tracks the emissions from private jets, yachts and polluting investments and comes ahead of COP29 in Baku, Azerbaijan, amidst growing fears that climate breakdown is accelerating, driven largely by the emissions of the richest people. 

“The super-rich in Europe are treating our planet like their personal playground. Their dirty investments, their private jets and yachts are not just symbols of excess; they are fuelling inequality, hunger and even death”, said Chiara Putaturo, Oxfam EU tax expert.