Book Blog
Excerpts from the book ‘CLIMATE CHANGE and the road to NET-ZERO’ covering the science, technology, economics, and politics of climate change.
by Mathew Hampshire-Waugh
The Two Ten-Percents
For each person earning over $16,000 per year in the richest top 10% of the world there is someone stuck in the bottom 10% earning less than $1,000 per year. As everyone rightfully strives for a top 10% lifestyle emissions could double to over 100 billion tonnes per year and lock-in unknowable damage unless we rapidly transition to a net-zero system.
Inequality and Climate Justice
The richest 10% of countries emit 30% of CO2 and take home 50% of global income today. They are also responsible for over 50% of all past emissions and hold 80% of the world’s accumulated wealth. Climate Justice is about how we balance the responsibility for past, present, and future emissions whilst driving a rapid transition to net-zero.