Climate change isn’t just a carbon problem – it’s a fairness problem, a responsibility problem, an impact problem. The wealthiest 1% consume far more than the rest of us, generating more carbon emissions than the bottom 66% combined.1 Since 1990, the richest 10% have been responsible for two-thirds of global warming.2 But private jets and yachts aren’t the only way that the ultra-wealthy are contributing to the climate crisis. They’re also the ones pulling the strings behind the decisions and policies that impact every aspect of our lives. The billionaire class is choosing to fund the extractive industries behind deforestation and fossil fuel expansion, even though the science clearly tells us that we only have a few short years left to limit the worst impacts of the chaos.3 Here are just a few of those choices: Big banks rolling back their climate commitments and using your hard-earned savings to finance fossil fuel expansion4 Global corporations driving tropical deforestation that releases roughly 2.6 billion metric tons of carbon dioxide each year5 Insurance companies like Chubb profiting from war6 Opening millions of acres of public lands to drilling and logging7
A system that doesn’t pay for the environmental destruction it causes isn’t really profitable — it’s stealing clean air, clean water and a livable climate from future generations — and it’s not sustainable. We must fight for a just transition to sustainable energy systems and an equitable future for all. We’ve been fighting for that for 40 years — and we know that that fight may be more important than ever. |
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