|Billionaires create a million times more CO2
We all know about the damage being done to the environment by industries, households, belching cows and the release of methane from permafrost. A new report highlights a source of CO2 emissions that few of us are aware of – billionaires. The British charity Oxfam has reported that the lavish lifestyles of the world's wealthiest create significantly more CO2 than the average person. It conducted an analysis of the investments and lifestyles of 125 of the world's richest billionaires. The conclusion was that the average billionaire is responsible for 3 million metric tons of carbon dioxide per year. This is a million times more than the average person creates. Collectively, billionaires create as much CO2 as France.