2 Matching Annotations
  1. Mar 2023
    1. Our findings raise the issue of global policy choices, with this research confirming that targeting the high emitters will be key. Staying within temperature limits of 1.5 °C or 2.0 °C is difficult without addressing the consequences of wealth growth.

      key finding - staying within 1.5 or even 2 deg C will be difficult without addressing wealth growth - a significant share of the remaining carbon budget risks being depleted by a very small group of human beings

    2. In this estimate, US$2020 millionaires will deplete 72% of the 1.5 °C carbon budget (400 Gt CO2, 67% chance of staying within temperature range), or 25% of the 2 °C budget (1150 Gt CO2, 67% chance) over the next 30 years.

      key finding - Elite consumption has the potential to make 1.5 Deg C target unreachable - US$2020 millionaires will deplete 72% of the 1.5 °C carbon budget (400 Gt CO2, 67% chance of staying within temperature range), - or 25% of the 2 °C budget (1150 Gt CO2, 67% chance) - over the next 30 years.