As longer term readers will be aware, the original title of this blog was Make Wealth History. I chose the name to highlight the fact that a fair and sustainable world is impossible if all the attention is on lifting the poorest out of poverty.
There isn’t the ecological space for everyone on earth to enjoy a Western consumer lifestyle. Those in the richest countries have to shrink their consumption in order to make room.
The role of the richest in environmental destruction has rarely been presented as graphically as it is in Oxfam’s latest report. Confronting Carbon Inequality investigates the last 25 years of accumulating carbon emissions and maps it onto income brackets.
The headline finding is that the top 1% are responsible for double the emissions of the poorest 50% of humanity. The climate was not destroyed…
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