Oxfam's report shows that the world's richest one percent of people emit as much carbon is twice the emissions of the world's poorest population. In a report of these results, the international NGO has demanded restrictions on such rich carbon emissions. The world has sought to increase investment in public structures and improve the economy in order to determine all participation in climate change and establish its equitable system.
Oxfam studied data for 25 years between 1990 and 2015 for his study. This is the period in which the world's carbon emissions doubled. The report says that only 10 percent of the world's richest people accounted for more than half (about 52 percent) of total global emissions. Even 15 percent of the world's emissions were found to be linked to the activities of the top one percent of the rich.
Half of the world's poor population has emitted only 7 percent of the world's emissions in the same period, while the world's poor people are suffering the worst impact of climate change. Explaining the reason, Oxfam Germany social inequality expert Ellen MK explains that economies around the world run on consumerism, economic growth, and people's sharing on the basis of money. She explains that this system is the brunt of a handful of rich people's consumption and amenities, the poorest people in the world.
Germany's largest economy was also held responsible for the Oxfam study. The richest 10 percent of the people, about 83 lakh, were responsible for more than a quarter of the country's total carbon emissions. Half of the country's poor population, 4.15 crore people, had a total of 29 percent emissions. Traffic is the biggest reason why such a huge gap in the rich and the poor's carbon emissions is visible. In particular, a lot can be changed by changing the air travel system. Oxfam, in its report, has specifically condemned large SUV vehicles. The study found that between 2010 and 2018, the same vehicles were the second-largest source of carbon emissions.
Suggestions for betterment:
Oxfam estimates that the richest 10 percent of the population will have to bring their emissions down 10 times below the current level to meet the global target of limiting the earth's temperature rise to 1.5 degrees. For this, NGOs have demanded higher taxes on SUV vehicles and air travel," Tim Gore, the report's chief author and head of climate policy at the institution, told that it would not be enough to expect the rich to change at a personal level by their own desire, "it will have to be commanded by governments."
Higher taxes on rich people:
Air travel has been very decreased during the corona pandemic. For example, there has been a huge decline in the number of aircraft business class, private jet travel, and aircraft travel several times a year. Activists working on climate issues believe that this will be the most perfect opportunity to introduce new and higher taxes. Experts believe that such additional tax earnings should be used to help the poorest people in the world. The report proposes that this should establish better health facilities, education, public transport, and the poor's digital infrastructure. France has already raised taxes on SUV vehicles. In areas such as New Zealand and Scotland, there is a growing understanding that the definition of success is not only a look at economic growth but also all these factors to make a comprehensive assessment of people's "prosperity."
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