Carbon emissions of richest 1 percent more than double the emissions of the poorest half of humanity
The richest one percent of the world’s population are responsible for more than twice as much carbon pollution as the 3.1 billion people who made up the poorest half of humanity during a critical 25-year period of unprecedented emissions growth.
The report assesses the consumption emissions of different income groups between 1990 and 2015 – 25 years when humanity doubled the amount of carbon dioxide in the atmosphere. It found:
The richest 10 percent accounted for over half (52 percent) of the emissions added to the atmosphere between 1990 and 2015. The richest one percent were responsible for 15 percent of emissions during this time – more than all the citizens of the EU and more than twice that of the poorest half of humanity (7 percent).
During this time, the richest 10 percent blew one third of our remaining global 1.5C carbon budget, compared to just 4 percent for the poorest half of the population. The carbon budget is the amount of carbon dioxide that can be added to the atmosphere without causing global temperatures to rise above 1.5C – the goal set by governments in the Paris Agreement to avoid the very worst impacts of uncontrolled climate change.
Annual emissions grew by 60 percent between 1990 and 2015. The richest 5 percent were responsible for over a third (37 percent) of this growth. The total increase in emissions of the richest one percent was three times more than that of the poorest 50 percent.
Source: Stockholm Environment Institute
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