A recent report by Oxfam, the global organization working to eradicate poverty from the world, states that between 1990 and 2015, the richest 1% has emitted more carbon Dioxide than 50% of the world’s poorest population.
Oxfam released the report following a study compiled by the Stockholm Environment Institute. According to the British newspaper ‘The Guardian’, the report states that in the last 25 years, the emission of carbon dioxide in the atmosphere has increased by 60%. But the richest 1% of the population is responsible for more than double the emissions.
According to the report, the ‘carbon budget’ is coming to an end due to the rapid increase in the consumption of products around the world and the reliance of rich countries on such means of transportation, which emit more carbon dioxide gas. According to the report, the ‘carbon budget’ refers to the amount of carbon emissions into the atmosphere that does not increase global temperatures by more than 1.5 degrees Celsius.
According to Oxfam, in the 25 years from 1990 to 2015, only the richest 10% used one-third of the carbon budget, while the poorest 50% used only four percent of the carbon budget. Oxfam’s policy head, Tim Gore, who wrote the report, told The Guardian that the figures show that billions of people are suffering, as richest people on earth are emitting huge amounts of pollution while the poor, despite released low quality of gases, there has been no improvement in their lives.
Tim Gore wrote in the report that “the global climate change crisis is being exacerbated by the over-consumption of the ‘carbon budget’ by the richest populations, who are in the minority, and the world’s poorest population is suffering.”
Swedish environmental activist Greta Thunberg wrote on Twitter, “The richest 1% cause double the CO2 emissions of the poorest half of the world’s population. She the climate crisis isn’t something “we” have created. “We” are not equally responsible for stealing the future.