Story perspectives

Richest 0.1%'s Emissions Surge, Oxfam Calls for Action

11/2/2025

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Summary

Story summary

The Oxfam report 'Climate Plunder' highlights the disproportionate emissions of the richest 0.1%.
Since 1990, the richest 0.1% have increased emissions by 32%.
The poorest half's share has decreased.
Billionaires invest in oil and mining, worsening the crisis, with 308 billionaires’ emissions exceeding those of 118 countries.
Oxfam calls for action, including taxing extreme wealth, banning fossil fuel lobbying, and giving marginalized communities a voice in climate policy.

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Story summary

The Oxfam report 'Climate Plunder' highlights the disproportionate emissions of the richest 0.1%.
Since 1990, the richest 0.1% have increased emissions by 32%.
The poorest half's share has decreased.
Billionaires invest in oil and mining, worsening the crisis, with 308 billionaires’ emissions exceeding those of 118 countries.
Oxfam calls for action, including taxing extreme wealth, banning fossil fuel lobbying, and giving marginalized communities a voice in climate policy.