HEAT THE RICH OP-ED: For big polluters of the North to honour climate debt, we must ramp up taxes on multinationals and the mega-wealthy

📆 11/18/2021 10:55 PM
📰 dailymaverick

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Those who pollute the most are also the richest. The World Inequality Lab has just shown that the wealthiest 1% of individuals produce 17% of the world’s carbon emissions, while the poorest half of humanity (3.8 billion people) is responsible for only 12%.

For big polluters of the North to honour climate debt, we must ramp up taxes on multinationals and the mega-wealthyFor big polluters of the North to honour climate debt, we must ramp up taxes on multinationals and the mega-wealthy by Léonce Ndikumana, Daily Maverick November 18, 2021 For once, most of the debtors are not in Africa, but in the North.

This article first appeared on Daily Maverick and is republished here under a Creative Commons license.

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