America’s wealthiest people are also some of the world’s biggest polluters – not only because of their massive homes and private jets, but because of the fossil fuels generated by the companies they invest their money in.
America’s wealthiest people are also some of the world’s biggest polluters – not only because of their massive homes and private jets, but because of the fossil fuels generated by the companies they invest their money in.
Every time I see such evaluations I get this picture of an economically illiterate person just making assumptions from some statistics they are unable to comprehend. A bit like with electrical engineering.
And in any case the useful metric would be pollution per dollar (or per joule) spent by a person, not totals. I don’t think I have to explain why, it’s obvious.
Why would capital have anything to do with it?
A private jet that pollutes 1.2 metric ton for a flight where a regular diesel car would pollute 0.3 metric ton. Isn’t going to be better just because the private jet costs 4 million while the car is only 30 thousands.
Pollution is pollution, doesn’t matter how much it costs. The planet doesn’t care. It will die anyway and take us with it.
So please, tell us why it is “obvious” to you.