Global warming and stock market reflect wealth inequality: report

Wealth inequality appears across the global economy — and the climate crisis and stock market play significant roles.on Tuesday, which examines global wealth distribution across the world. It found that wealth is directly correlated with the climate crisis, and the people who tend to own the most financial assets are also the people contributing the most to carbon emissions across the globe.

And those people are the ones that are also contributing the most to carbon emissions. According to the report, the top 10% of earners account for emit 47.6% of the total carbon emissions, while the global bottom 50% emit 12% of the total. A reason for this disparity can be chalked up to the carbon tax: while in some countries, the tax has been implemented successfully, other countries, like France, do not consider socio-economic context.

In other words, the people who own the most assets should be paying more for their share in polluting the climate.

一份庞大的新报告显示，富人是气候危机持续恶化、股市持续走强的原因。解决每个问题意味着解决富人的生活方式。

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