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Super-rich get ‘double dividend’ from causes and costs of climate crisis, report finds
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FlashMobOfOne lemmy.world FlashMobOfOne@lemmy.world
Joined: 2023-06-12
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The world’s wealthiest people are not just profiting from the polluting causes of climate breakdown, they are also increasingly cashing in on the catastrophic consequences, according to a study by Oxfam.

The global equality organisation has found that the richest 0.1% of the world’s population are heavily invested in disaster preparedness, recovery and reconstruction – a market that is projected to grow from $70bn to $92bn a year by 2029.

This gives the planet’s wealthiest and most powerful people a “double dividend” from the climate crisis and, more alarmingly, an incentive to delay or disrupt action to solve the problem, the NGO says.

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FlashMobOfOne lemmy.world FlashMobOfOne@lemmy.world
Joined: 2023-06-12
#2 · Quote Reply

Yup.

Reminds me of the low wage-to-private prison pipeline. Billionaires profit at both ends.

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mHtt lemmy.ca mHtt@lemmy.ca
Joined: 2026-08-10
#3 · (edited) Quote Reply

this universe: mostly where humans aren't. like %99.alot of 9s' not humans

1
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