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Richest 1% account for more carbon emissions than poorest 66%, report says
(www.theguardian.com)
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These articles are somewhat disingenuous. It isn't their mansions, their jets, or their yachts. It's because of the amount they have invested in fossil fuels and other industries. A better question is why do they have enough money to own so much.
What? That's where it matters most! Those are the biggest polluters.
If it just talked about their minuscule lifestyles, it would be disingenuous
And as private shareholders they demand those oil companies maximize irresponsible profit at the planet's expense.
When you own something, you bear responsibility for it. Not legally sadly, because these criminals make the laws, but in every other sense.
You don't get to own oil stock and then credibly claim you aren't the problem. No one puts a gun to anyone's head and says take the stake in blood money.