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America's richest 10% are responsible for 40% of its planet-heating pollution, new report finds (www.cnn.com)

submitted 1 year ago by stopthatgirl7@kbin.social to c/worldnews@lemmy.ml

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America’s wealthiest people are also some of the world’s biggest polluters – not only because of their massive homes and private jets, but because of the fossil fuels generated by the companies they invest their money in.

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[–] bionicjoey@lemmy.ca 19 points 1 year ago (2 children)

If you have over a billion dollars, you could spend every waking moment shovelling money into a fire and you would still have over a billion dollars when you die

[–] SnowdenHeroOfOurTime@unilem.org 7 points 1 year ago (1 children)

When I first started reading this sentence, I thought I was with you, but by the end I was scratching my head.

[–] bionicjoey@lemmy.ca 11 points 1 year ago

My point is how much money a billion is. You literally couldn't get rid of it fast enough to keep it from piling up (assuming it is accruing risk free interest).

[–] Blapoo@lemmy.ml 4 points 1 year ago

Yep. They earn interest on their money often faster than they can spend it. It makes less than no sense.