tl;dr - authors estimate that millionaires will account for >70% of the remaining carbon we can emit while still staying under 1.5 C. Among billionaires, yachts account for over 60% of their annual emissions.
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[Billionaire yacht ownership] implies a contribution to climate change that is up to 6500 times greater for these individuals than the global average of 4.5 t CO2 per capita and year, or up to 300,000 times greater than the contribution of the poorest, at 0.1 t CO2 per person and year
All that so they can go putting around the water
Pretty sure we have already blown past that 1.5 C already.
1.5 isn’t “locked in” in terms of absolute carbon emissions, but it will be by roughly 2030 if we stay on our current trajectory. It’s all but inevitable unless there’s a rapid shift in fossil fuel consumption patterns starting, like, yesterday.
If the US keeps taking Ls globally it’s not out of the question.
1.5C? The goal has always been 4C
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