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America's richest 10% are responsible for 40% of its planet-heating pollution, new report finds (www.cnn.com)

submitted 1 year ago by stopthatgirl7@kbin.social to c/worldnews@lemmy.ml

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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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[–] mookulator@mander.xyz 2 points 1 year ago (1 children)

It’s a stretch to say that because they invest in a company, that they “produce” the greenhouse gases that that company emits.

Yeah, they could invest elsewhere but it’s just disingenuous to say they’re responsible for all those carbon emissions.

[–] Honytawk@lemmy.zip 2 points 1 year ago

If they invest and demand the biggest profit by countering greenification policies so they get more money as shareholder, then they definitely are responsible for the companies pollution.