Ownership of carbon-intensive assets and investments means that the top 1% by wealth are responsible for about 40% of greenhouse gas emissions
The top 0.1% account for about 17% of emissions, the top 0.01% about 9%
The 'polluter pays' principle needs to apply
www.theguardian.com/environment/...
Greenpeace calculates that wealthiest contribute nearly $1tn of damage a year with ownership-based emissions