this post was submitted on 18 Aug 2023
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America’s wealthiest people are also some of the world’s biggest polluters – not only because of their massive homes and private jets, but because of the fossil fuels generated by the companies they invest their money in.

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[–] Mangoholic@lemmy.ml 79 points 1 year ago (8 children)

If anyone is asking how do we pay to solve the climate crisis. I think its pretty clear who should be paying.

[–] superphly@lemmy.world -2 points 1 year ago (1 children)

How much money does the top 1% have and how much do you think it will cost to clean up the world? Those two numbers are not even within 3 years of global GDP dipshit.

[–] Mangoholic@lemmy.ml 2 points 1 year ago

Last year they increased their wealth by 8 trillion usd. Since 2021 their combined wealth is 42 trillion usd. (Thats twice as much as the rest 99% combined)

It is estimated that to fix the climate crisis it takes between 300 billion - 50 trillion usd. So they actually could do that.

And than there is the matter of comparing personal profit of a few. To the entire value produced by a country. Which is a really dumb comparison.

But you might know that the gdp of the us in 2021 was around 23 trillion.

So your the intellectual floor gymnast, dipshit.

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