Mmastodon first seen 1 d ago, last 2 min ago, peak #1
Oxfam: super-rich profit from both causing and fixing climate crisis
Original: Super-rich get ‘double dividend’ from causes and costs of climate crisis, report finds
A new Oxfam report finds the world's wealthiest people derive a 'double dividend' from the climate crisis: their polluting investments drive emissions, while their stakes in disaster recovery and reconstruction industries let them profit again from the consequences. The charity says this dynamic widens inequality and gives the rich a financial incentive to delay meaningful climate action, prompting calls for taxing extreme wealth to fund climate solutions.
Why now: Fresh Oxfam research linking billionaire wealth to both climate damage and disaster recovery profits has just been published
Rank over time, top of the chart is #1. 8 snapshots from 1 h ago to 2 min ago.
Evidence
- Super-rich get ‘double dividend’ from causes and costs of climate crisis, report finds · The Guardian
Oxfam says investing by rich in disaster recovery widens inequality and gives incentive to delay climate action
Elsewhere
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