A report published on Monday by Oxfam claimed that “carbon inequality” – meaning “the emissions of the world’s super-rich 1%” – is “causing economic losses of trillions of dollars, contributing to huge crop losses, and leading to millions of excess Death toll.” [emphasis, links added]
“As global temperatures continue to rise, the lives and livelihoods of people living in poverty and instability are at risk, We must act now to curb emissions from the super-rich and make wealthy polluters pay,” declared Oxfam.
The title of the report is Carbon inequality kills: Why limiting excess emissions from an elite few can create a sustainable planet for everyone.
The core argument is that the lifestyles (yachts, private jets, luxury homes) and business investments of the “one percent” generate too much carbon emissions.
The report is unscientific but hyperbole, offering a variety of media-friendly quotes and anecdotes designed to demonstrate the horrors of the one percenters' carbon emissions by comparing them to “the rest” .
“If everyone started emitting as much carbon as the top 1%, the remaining carbon budget would be exhausted in less than five months,” one example says.
Another said: “If each person had the same carbon emissions as the luxury transportation of the world's 50 richest billionaires, the remaining carbon budget would be exhausted in two days.”
Much of the report is made up of estimates, projections and measurements designed to demonstrate that the lavish lifestyles of “polluters” are unjustified and that Oxfam's authors believe their “investments” in every industry are unjustified.
The report begins by acknowledging that “only 23 of the world's 50 richest billionaires” own private jets, but the authors go on to dutifully tally the carbon emissions they emit.
The report focuses specifically on the left's most hated new billionaire, Tesla CEO Elon Musk, whose two private jets produce “the equivalent of 834 years of emissions for the average person in the world.”
If Musk thinks creating the Western world's only truly successful range of electric cars will win him some support from the Green Party, he's dead wrong.
Another wealthy family scorned by the left, the famed Walmart Waltons, were beaten for their “three superyachts” that produce as much carbon emissions as “about 1,700 Walmart store workers.” quantity”.
If this report only made a fuss about private jets and yachts owned by billionaires, it would fade away with a sad trombone, as their emissions collectively account for only a tiny fraction of humanity's emissions, no matter how much. Shocking facts make them seem outrageous.
In order to turn the One Percent into a planet-plundering menace that must be stopped at all costs, Oxfam incorporates the “investment footprint of the super-rich” – in other words, making them personally responsible for every ounce of CO2 emitted by every industry in which they invest.
This total is then used to calculate the “economic cost of the world’s super-rich” at $52.6 trillion – This is a hilariously misleading fact that completely ignores all the wealth created by Western industry and adds up the estimated “cost” of its emissions.
Even the dollar figure mentioned in the report is a politicized lie, as Oxfam's authors grudgingly admit that they are not using actual dollars – they have invented a new imaginary currency called the “International Dollar” that can be “based on purchasing power parity between rich and poor countries.
As for all the deaths supposedly caused by the super-rich Grim Reaper with his carbon scythe, Oxfam believes that one percent of the population is responsible for the number of people who die from heatstroke around the world, attributes every such death to global warming, and believes that the wealthy are responsible for 90% of global warming:
The number of people exposed to extreme heat is increasing exponentially, and various studies predict a dramatic increase in excess deaths from heat. According to a recent study, Oxfam estimated the number of deaths caused by emissions from the super-rich. Our results show that even under an optimistic climate change scenario, just four years of emissions from the world's richest people would be enough to push up global temperatures enough to cause alarming excess deaths.
Oxfam's report only mentions China, the world's worst polluter, twice, and does not hold the communist country accountable for its massive emissions.which dwarfs the wealth of every “super-rich” Western tycoon who has ever lived, But portraying China as a victim of capitalist climate change Because China may struggle to import enough soybeans to feed its population.
The report doesn't mention carbon emissions that the left doesn't want to talk about: large numbers of people are eagerly migrating from low-carbon societies to wealthy Western countries, which will greatly amplify their carbon footprints.
No one in the climate movement seems interested [in the extent to which] Bringing millions of subsistence farmers into [North America and Europe’s wealthy and industrialized economies will increase carbon emissions].
Oxfam is also indifferent to the huge carbon emissions of powerful politicians; Including those who value using carbon-emitting private jets to climate conferences.
instead, The report urges socialist politicians to confiscate wealth from the capitalists who create it, thereby making them richer and more powerful.
Top image created using DALL-E
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