Mega yachts, villas, private jets – the wealthy often live in a more climate-damaging way than ordinary people. Protest flares up – as at the Viennese VIP terminal …
Next day, next action against climate sinners: On Sunday, about 40 people from the “BlockGas” alliance blocked access to the private jet terminal at Vienna Airport. The activists want to draw attention to increasing poverty and the climate crisis, krone.at reports.
According to a recent analysis by the “World Inequality Labs”, a so-called think tank led by the French economist Thomas Piketty, the richest people in Germany produced 105 tons of CO2 per capita in 2019. That is no less than 35 times that of the poorest population groups.
Billionaires & Co. do not know any climate crisis
While the bottom two-thirds have reduced emissions over the past 30 years, according to the figures, the top third of salary tables have little interest in active ecological thinking.
The internationally renowned development organization Oxfam also denounces billionaires and millionaires around the world as climate sinners. Even emissions from private jets, superyachts and luxury villas are probably a thousand times greater than global emissions. Investments in luxury, which are often pointless, heat up the climate even more.
So far, however, the responsibility of the super-rich for extreme weather events has hardly played a role in politics. After all, it is also easier to ask middle earners to pay, because there the property has not shifted to tax havens…
Source: Krone

I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.