Study Highlights Massive , Emissions Gap Between, the Rich and the Poor.<br />'The Guardian' reports on the enormous gap <br />between the top 1% of earners and the rest of the <br />world's population and its impact on the climate. .<br />New data suggests the "the polluting elite" generate <br />the same amount of carbon dioxide emissions in a single <br />year as the bottom 10% produce in over two decades.<br />According to Autonomy's analysis of income and greenhouse <br />gas data from 1998 to 2018, it would take 26 years for a low earner<br />to generate as much CO2 as the richest do in a single year.<br />The study also found that if the UK had started taxing the carbon emissions of the top 1% of income groups twenty years ago, the effort would have raised over $126 billion. .<br />According to Peter Newell, professor of <br />international relations at the University of Sussex, <br />this massive disparity needs to be addressed.<br />On the eve of a critical climate summit <br />[Cop27] in Egypt, and staring down an <br />unprecedented cost of living crisis, <br />it is clear we are not all in this together, Will Stronge, Director of research at Autonomy, via 'The Guardian'.<br />'The Guardian' reports that the UK is not alone with <br />its massive divide between high and low earners <br />when it comes to greenhouse gas emissions.<br />The disparity reportedly exists in both <br />developed and developing nations. .<br />The enormous release of carbon <br />emissions by the very richest <br />in society over the past <br />few decades is astonishing. , Will Stronge, Director of research at Autonomy, via 'The Guardian'.<br />Our analysis suggests that the most <br />effective way for the government <br />to tackle climate change would be <br />to properly tax the rich, through <br />a well-targeted carbon tax scheme, Will Stronge, Director of research at Autonomy, via 'The Guardian'
