this post was submitted on 23 Nov 2025
623 points (98.6% liked)

Political Memes

9868 readers
1968 users here now

Welcome to politcal memes!

These are our rules:

Be civilJokes are okay, but don’t intentionally harass or disturb any member of our community. Sexism, racism and bigotry are not allowed. Good faith argumentation only. No posts discouraging people to vote or shaming people for voting.

No misinformationDon’t post any intentional misinformation. When asked by mods, provide sources for any claims you make.

Posts should be memesRandom pictures do not qualify as memes. Relevance to politics is required.

No bots, spam or self-promotionFollow instance rules, ask for your bot to be allowed on this community.

No AI generated content.Content posted must not be created by AI with the intent to mimic the style of existing images

founded 2 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] booly@sh.itjust.works 2 points 13 hours ago

I don't like the methodology of the study (done by Oxfam if you want to look it up). It attributes emissions to a person when it is done by a company they're invested in. From the press release:

Billionaires’ lifestyle emissions dwarf those of ordinary people, but the emissions from their investments are dramatically higher still —the average investment emissions of 50 of the world’s richest billionaires are around 340 times their emissions from private jets and superyachts combined. Through these investments, billionaires have huge influence over some of the world’s biggest corporations and are driving us over the edge of climate disaster.

Nearly 40 percent of billionaire investments analyzed in Oxfam’s research are in highly polluting industries: oil, mining, shipping and cement. On average, a billionaire’s investment portfolio is almost twice as polluting as an investment in the S&P 500. However, if their investments were in a low-carbon-intensity investment fund, their investment emissions would be 13 times lower.

I'm of the opinion that we should look at people's consumption behavior rather than their production behavior. When Exxon Mobil or Delta Airlines pollute, they're doing it for their customers. Reducing the consumption from the customer point of view does reduce the overall emissions, so I'm gonna continue to reduce my own contributions to this crisis.