Study Exposes the Massive, Carbon Footprint , of Billionaires.<br />Study Exposes the Massive, Carbon Footprint , of Billionaires.<br />A new report claims that the world's 12 wealthiest <br />people are responsible for generating the <br />same annual emissions as 2.1 million homes. .<br />A new report claims that the world's 12 wealthiest <br />people are responsible for generating the <br />same annual emissions as 2.1 million homes. .<br />'The Independent' reports that a study by Oxfam <br />and two researchers in the United States <br />uncovered billionaires' massive carbon footprint.<br />The list of billionaires includes Tesla and SpaceX owner <br />Elon Musk, Amazon's Jeff Bezos, former Microsoft <br />CEO Bill Gates and former Google CEO Larry Page.<br />The list of billionaires includes Tesla and SpaceX owner <br />Elon Musk, Amazon's Jeff Bezos, former Microsoft <br />CEO Bill Gates and former Google CEO Larry Page.<br />The list of billionaires includes Tesla and SpaceX owner <br />Elon Musk, Amazon's Jeff Bezos, former Microsoft <br />CEO Bill Gates and former Google CEO Larry Page.<br />The list of billionaires includes Tesla and SpaceX owner <br />Elon Musk, Amazon's Jeff Bezos, former Microsoft <br />CEO Bill Gates and former Google CEO Larry Page.<br />Google’s Sergey Brin and Eric Schmidt, <br />LVMH’s Bernard Arnault and <br />Oracle’s Larry Ellison also made the list. .<br />Google’s Sergey Brin and Eric Schmidt, <br />LVMH’s Bernard Arnault and <br />Oracle’s Larry Ellison also made the list. .<br />Google’s Sergey Brin and Eric Schmidt, <br />LVMH’s Bernard Arnault and <br />Oracle’s Larry Ellison also made the list. .<br />Google’s Sergey Brin and Eric Schmidt, <br />LVMH’s Bernard Arnault and <br />Oracle’s Larry Ellison also made the list. .<br />'The Independent' reports that the billionaires' <br />investments and shareholdings are alleged to produce <br />nearly 17 tons of greenhouse gas emissions every year.<br />Jeff Bezos' $500 million megayacht, the world's <br />largest sailing yacht, is estimated to produce <br />7,154 tons of carbon emissions annually.<br />Jeff Bezos' $500 million megayacht, the world's <br />largest sailing yacht, is estimated to produce <br />7,154 tons of carbon emissions annually.<br />The Oxfam study also looked at a broader pool of 125 billionaires, <br />finding that their average emissions were over a million times <br />higher than those produced by 90% of the world's population. .<br />Many of those named on the list have <br />invested part of their vast fortunes to <br />address the impact of climate change. .<br />Bezos has set up the Earth Fund, <br />investing $10 billion in distributing <br />grants “to address climate and nature.”.<br />Bezos has set up the Earth Fund, <br />investing $10 billion in distributing <br />grants “to address climate and nature.”.<br />A spokesperson said that Bill Gates has been selling off <br />his direct holdings in oil and gas companies since 2019 , “because he didn’t want to profit from those <br />as the world transitions to clean energy.”.<br />A spokesperson said that Bill Gates has been selling off <br />his direct holdings in oil and gas companies since 2019 , “because he didn’t want to profit from those <br />as the world transitions to clean energy.”
