this post was submitted on 05 Nov 2024
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“The super-rich are treating our planet like their personal playground, setting it ablaze for pleasure and profit. Their dirty investments and luxury toys —private jets and yachts— aren’t just symbols of excess; they’re a direct threat to people and the planet,” said Oxfam International Executive Director Amitabh Behar.

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[–] themoonisacheese 3 points 3 weeks ago (1 children)

Aren't they responsible for the risk their investments carry? Isn't that part of the value proposition?

If they have so much investments in companies producing CO2, why aren't they using their weight to push for lower emissions?

[–] JohnDClay 10 points 3 weeks ago

You could assign company emissions to the consumers, the employees, or the owners. Without any one of those the company wouldn't emit. I just wanted to make it clear that this study assigns it to the owners.