Conversation

System change is now a matter of survival.
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"Millionaires will burn through two-thirds of the world’s carbon budget by 2050, scientists warn"

To limit global warming to below 1.5°C, we can only burn a certain amount of carbon.

But millionaire emissions alone will deplete 72% of this allowance before 2050, according to a new scientific paper.

“Continued growth in emissions at the top makes a low-carbon transition less likely, as the acceleration of energy consumption by the wealthiest is likely beyond the system's capacity to decarbonize,” the scientists warn.

The research coincides with the release of the latest Intergovernmental Panel on Climate Change (IPCC) report, which warns that a ‘liveable future’ requires urgent emissions cuts.
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FULL ARTICLE -- https://www.euronews.com/green/2023/03/22/millionaires-will-burn-through-two-thirds-of-the-worlds-carbon-budget-by-2050-scientists-w

#Environment #Climate #ClimateChange #ClimateCrisis #ClimateAction #ClimateEmergency #CO2 #Emissions #Anticapitalism