Billionaires emit a million times more greenhouse gases than the average person

«The investments of 125 of the world’s richest billionaires cause 393 million metric tonnes of carbon dioxide emissions every year, according to a report by Oxfam. Billionaires “have escaped accountability for too long”, Danny Sriskandarajah, CEO of Oxfam GB, says.»

This makes me so unhappy. They're counting «cement and non-renewable energy» not against the people who build houses or drive cars, but against the owners of the cement factory and oil drills. The message this delivers that it's fine to build a new house far from the city and commute to work in a SUV, because it's not your emissions, those billionaires who own the cement factories and oil companies are responsible. I'm sure that's not the intentional message, but WTF, this was written by adults and adults are responsible for the effects of their actions, not their intentions.

From https://policy-practice.oxfam.org/resources/carbon-billionai...

  50% to 70% of their emissions result from their investments

So if we get rid of the billionaires, the problem goes away? Charities often have weird cause-and-effect beliefs. I’m very dissatisfied with the “analysis” by Oxfam here - which boils down to selling the story that “billionaires are bad”.

Do Oxfam have a position on how the world can bring billions out of poverty without causing immense damage to the environment?

It's the high quality beans.