2 Matching Annotations
- Mar 2023
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www.sciencedirect.com www.sciencedirect.com
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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
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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.
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