Yves here. It may not be obvious to readers, but even by the standards of rich person largesse, a Boeing 747 as a private jet is really vile. Note that the pictured 747-8 is the biggest 747 Boeing ever made. I had a friend who was a very successful investor and for matters of personal prurient interest as well as being able to banter with prospects much wealthier than he was, kept current on prices for trinkets. It was many many years ago, but then 747s were for sale at $1 million, which seemed implausibly cheap for such a huge plane. The reason was they were fuel hogs. The running costs were enormous, even in an era of cheaper energy and little worry about carbon footprints.
By Thomas Neuburger. Originally published at God’s Spies
And appetite, an universal wolf …
Must make perforce an universal prey,
And last eat up himself.
— William Shakespeare
It’s not about envy; it’s about control.
—Yours truly
We’ve been writing about climate lately — see here for a list of recent climate offerings — and pretty much covered the ground as it lays before us in 2023.
There’s more to be said, of course, like the recent and scary increase in atmospheric methane, but all that’s left to complete the list above is to identify the leading users of carbon-based fuel, since it’s them we need to stop first of all.
The Leading Users of Global Fossil Fuel
The news: The greatest users of carbon aren’t the middle classes of various countries, including the United States, though their use is still excessive. The greatest users aren’t the struggling poor or the rising workers of developing nations like India and China.
The greatest users by far are the very rich, the top 10% and especially 1%, wherever they’re found. Mostly they’re found in the West.
Some data:
- “[T]he richest 0.1% of the world’s population emitted 10 times more than all the rest of the richest 10% combined, exceeding a total footprint of 200 tonnes of CO2 per capita annually. Within this 0.1% are the billionaires and multimillionaires whose emissions-intensive super-yachts, private jets, and mansions have attracted the attention of climate activists.”
- “Globally, the top 10% of emitters were responsible for almost half of global energy-related CO2 emissions in 2021, compared with a mere 0.2% for the bottom 10%.”
- “Around 85% of [the top 10% of emitters] live in advanced economies – including Australia, Canada, the European Union, Japan, Korea, New Zealand, United States, and United Kingdom – and also in China.”
- “In 2021, the average North American emitted 11 times more energy-related CO2 than the average African.”
Regarding the top 10% of global wealth, here’s a chart of per-capita energy use by income groups in four heavy-use regions, US, EU, China and India:
Regarding the richest 1%, consider this from Oxfam about the increase in carbon emissions:
Annual emissions grew by 60 percent between 1990 and 2015. The richest 5 percent were responsible for over a third (37 percent) of this growth. The total increase in emissions of the richest one percent was three times more than that of the poorest 50 percent. [emphasis added]
The super-rich are hands down the gas-guzzler kings of burning through the remaining carbon budget:
The richest 1% (c.63 million people) alone were responsible for 15% of cumulative emissions [since 1990], and 9% of the carbon budget – twice as much as the poorest half of the world’s population.
If it wasn’t clear before, we have a super-rich problem.
It’s Not About Envy; It’s About Control
The wealthy, of course, will cast this story — that the rich are responsible for half the world’s fossil fuel use — as a tale of envy, ours of their wealth. But that’s a distraction. I would cast this story as a tale of control — taking back rule of the world from those destroying it, including, sadly, themselves.
With apologies to the author for a slight modification:
And appetite, a universal wolf, must make perforce a universal prey, and last eat up himself.
The very rich, the wolves, won’t save themselves. Why would we trust them to care about any of us? Clearly, we have to take control ourselves, be our own Jesus (in this metaphor) and lead ourselves, the lambs, from the infinite appetite of those we gave power to.
That sounds like work, taking control, and it is.
But what’s the alternative? Watch “the game” till there’s no more game to watch? Stream Netflix till their servers all go down? See your children bake and their hatred rise?
Or take this day and act? Your call, humanity. How else do we stop this death machine ruling class? If you see an alternative, say so.
