Super-rich’s assets cause outsized amount of climate harm, study says

Greenpeace calculates that wealthiest contribute nearly $1tn of damage a year with ownership-based emissions Ultra-wealthy people zooming across the world on their private jets, lounging on yachts and conspicuous by their Instagrammable consumption are among the most easily identified individual culprits when it comes to the climate crisis – but new research argues that it is not just their heady lifestyles to blame, but also their bank accounts. Through their ownership of companies and priva...

By Fiona Harvey in Bonn