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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 1 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.

[–] Jazsta@lemmy.world 2 points 1 year ago

I can see how it's strange on the surface, but ultimately the carbon emissions wouldn't be there if the polluting activity was not funded. So to whom would the carbon emissions be attributed otherwise? Just the CEO?