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Billionaires emit more CO₂ in 90 minutes than most people do in a lifetime

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Re: Billionaires emit more CO₂ in 90 minutes than most people do in a lifetime

#2
> Reduce the emissions of the richest. Governments must introduce permanent income and wealth taxes on the top 1 percent, ban or punitively tax carbon-intensive luxury consumptions —starting with private jets and superyachts— and regulate corporations and investors to drastically and fairly reduce their emissions.

If europeans are so upset about the emission of American private jets and yachts, don't grant landing/overflight/docking permissions then? Most of that fuel would be used crossing the Atlantic. Build a few more nice airplane first class suites in the EU airlines so the billionaires can still travel with their comforts?

Re: Billionaires emit more CO₂ in 90 minutes than most people do in a lifetime

#4

> Reduce the emissions of the richest. Governments must introduce permanent income and wealth taxes on the top 1 percent, ban or punitively tax carbon-intensive luxury consumptions —starting with private jets and superyachts— and regulate corporations and investors to drastically and fairly reduce their emissions. If europeans are so upset about the emission of American private jets and yachts, don't grant landing/ov…

My reading of the article was that African&Asian countries are upset because they

1. suffer the most from global warming

and

2. currently aren't in any position to negotiate or enforce their rights

Relevant quotes:

"Counting dead bodies after a typhoon isn’t something any child should have to do."

"Rich countries have failed to keep their $100 billion climate finance promise"

"Rich countries continue to resist calls for climate reparations."

Re: Billionaires emit more CO₂ in 90 minutes than most people do in a lifetime

#5

> Reduce the emissions of the richest. Governments must introduce permanent income and wealth taxes on the top 1 percent, ban or punitively tax carbon-intensive luxury consumptions —starting with private jets and superyachts— and regulate corporations and investors to drastically and fairly reduce their emissions. If europeans are so upset about the emission of American private jets and yachts, don't grant landing/ov…

That would help. A better way of tackling the issue is:

Governments must introduce permanent income and wealth taxes on the top 1 percent, ban or punitively tax carbon-intensive luxury consumptions —starting with private jets and superyachts— and regulate corporations and investors to drastically and fairly reduce their emissions.

Re: Billionaires emit more CO₂ in 90 minutes than most people do in a lifetime

#6
"On average, a billionaire’s investment portfolio is almost twice as polluting as an investment in the S&P 500". That is very interesting.

However, I don't think their investment should really count (or at least not totally) as their own co2 emissions. If they have shares in BP or Shell for example, the emissions of those two companies should be counted towards those who buy their products, in my opinion.

Re: Billionaires emit more CO₂ in 90 minutes than most people do in a lifetime

#7

> Reduce the emissions of the richest. Governments must introduce permanent income and wealth taxes on the top 1 percent, ban or punitively tax carbon-intensive luxury consumptions —starting with private jets and superyachts— and regulate corporations and investors to drastically and fairly reduce their emissions. If europeans are so upset about the emission of American private jets and yachts, don't grant landing/ov…

My reading of the article was that African&Asian countries are upset because they 1. suffer the most from global warming and 2. currently aren't in any position to negotiate or enforce their rights Relevant quotes: "Counting dead bodies after a typhoon isn’t something any child should have to do." "Rich countries have failed to keep their $100 billion climate finance promise" "Rich countries continue to resist calls…

Is a citizen of a an African/Asian country, we're just pissed we can't live like the G7 folk do. Nothing more.

You only have to observe how we behave once we get residence in EU/America/Australia and how quickly we forget our compatriots left behind.

Don't fall for this faux outrage.

Re: Billionaires emit more CO₂ in 90 minutes than most people do in a lifetime

#8
post #5

> Reduce the emissions of the richest. Governments must introduce permanent income and wealth taxes on the top 1 percent, ban or punitively tax carbon-intensive luxury consumptions —starting with private jets and superyachts— and regulate corporations and investors to drastically and fairly reduce their emissions. If europeans are so upset about the emission of American private jets and yachts, don't grant landing/ov…

That would help. A better way of tackling the issue is: Governments must introduce permanent income and wealth taxes on the top 1 percent, ban or punitively tax carbon-intensive luxury consumptions —starting with private jets and superyachts— and regulate corporations and investors to drastically and fairly reduce their emissions.

This would probably require some kind of revolution to achieve. But yes, basically that's what we need for rationality.

Re: Billionaires emit more CO₂ in 90 minutes than most people do in a lifetime

#9

Their main demand seems pretty reasonable to me: "ban or punitively tax carbon-intensive luxury consumptions — starting with private jets and superyachts"

The problem is that it doesn't matter.

Most of that those giant emissions are your daily commute etc. The aren't enough private jets to really make a dent compared to all the middle-class car drivers.

Merely being a reasonable demand isn't enough to get a law or treaty. A good intention won't be enough, a likely significant effect is politically necessary.

Re: Billionaires emit more CO₂ in 90 minutes than most people do in a lifetime

#10

Their main demand seems pretty reasonable to me: "ban or punitively tax carbon-intensive luxury consumptions — starting with private jets and superyachts"

You don't even need to go to punitive taxation. Simply charging them the associated costs would be enough. The parking cost for a private jet should not be any less than the cost to park a car or, more rightly, the dozen cars that could fill the same space. Similarly with the superyachts, charging full price for the inevitable support and emergency service requests would drive down usage without needing to go anywhere near "punitive" taxation.

https://www.independent.co.uk/travel/news-and-advice/why-it-...

>>Britain's most expensive airport parking is at Heathrow Terminal 5, where the 24-hour rate of £51.80 costs more than an off-peak flight to Aberdeen. Heathrow, along with Gatwick and Stansted, does not routinely handle light aircraft. Manchester is by far the biggest regional airport. It charges £35 for 24 hours in the short-stay car park, but only £21 to park a Piper PA-46 – a six-seater light aircraft that weighs just under two tonnes.

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