Charted: Global CO2 Emissions by Income Group

Wealthier Families Contribute More to CO₂ Emissions
December 16, 2023

From Visual Capitalist

Global CO2 Emissions by Income Group

From a historical perspective, the current demand for natural resources has surged to unprecedented levels and continues to escalate—for both essential needs like food, clothing, water, housing, infrastructure, and non-essential consumption in everyday life.

This surge has been accompanied by annual increases in CO₂ emissions. Consumption, however, differs radically depending on income.

In this graphic, we visualize global CO₂ emissions in 2019, broken down by income group. This data comes from the Emissions Inequality Calculator, created by the Stockholm Environment Institute.

Wealthier Families Contribute More to CO₂ Emissions

In 2019, the world’s richest 1% (with an average income of $310K) were responsible for 15% of global CO₂ emissions.

The annual emissions of the 1% in 2019 canceled out the carbon savings of 1 million onshore wind turbines. In contrast, the bottom 50% (with an average income of $2,000) were responsible for only 8% of CO₂ emissions.

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Read the full post at Visual Capitalist.

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