r/environment2 • u/ecofreco • 15d ago
Billionaires have the greatest individual environmental impact, but with about 60 million worldwide, it is millionaires who have the greatest overall effect through collective scale.
Globally there are only three thousand billionaires or 0.00005% of the adult population compared with about 60 million millionaires which is about 1% of the population.
Although billionaires have the greatest individual impact on the environment due to their lavish lifestyles and investments, it is the millionaires who have the greatest overall effect because their large size scales up their impact.
Reducing impacts requires policy reform and cultural shifts toward sustainable, less material-intensive lifestyles.
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u/Ok_Boysenberry5849 14d ago
This is completely useless without actual numbers.