Ten years after the Paris Agreement, the super-rich are widening the emissions gap and putting world on track for catastrophe

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Jeff Bezos's superyacht 'Koru' often travels accompanied by a smaller 'support' superyacht. Image by Conmat13 under the Creative Commons Attribution-Share Alike 4.0 International license via wikimedia.
Jeff Bezos’s superyacht ‘Koru’ often travels accompanied by a smaller ‘support’ superyacht. Image by Conmat13 under the Creative Commons Attribution-Share Alike 4.0 International license via wikimedia.

In response to the UNEP Emissions Gap Report published 4th November 2025, Nafkote Dabi, Climate Policy Lead at Oxfam, said:  

“Just days before global leaders arrive in Brazil for COP30, this report is a blaring siren calling for greater climate action.   

“Since the Paris Agreement, the richest 1% have used up more than twice the carbon budget of the poorest half of humanity. This inequality is more than unjust—it’s deadly. The extreme emissions of the richest people and countries are burning through the little remaining the amount of CO2 that can be emitted while avoiding climate disaster. Meanwhile, the poorest communities suffer the most devastating impacts.  

“Governments cannot close the emissions gap without slashing the carbon footprint of the super-rich and addressing extreme inequality. COP30 must be a turning point. Global leaders must cut the emissions of the richest, tax rich polluters and their profits, and deliver a just transition—one that creates decent green jobs, builds resilient economies, and puts people and planet before profit.”  

Image of a private jet by Andrew Thomas from Shrewsbury, UK. Licensed under the Creative Commons Attribution-Share Alike 2.0 Generic license.
Image of a private jet by Andrew Thomas from Shrewsbury, UK.

Oxfam’s recent report, “Climate Plunder: How a powerful few are locking the world into disaster”, presents new data which finds that a person from the richest 0.1% produces more carbon pollution in a day than the poorest 50% emit all year. If everyone emitted like the richest 0.1%, the carbon budget would be used up in less than 3 weeks.  

The “UN Emissions Gap report: Off Target” finds that global warming projections over this century, based on full implementation of updated government climate pledges, are 2.3-2.5°C, while those based on current policies are 2.8°C.

Elon Musk urges you to be a Fascist like him, says that you can ignore facts and reality then.
Elon Musk urges you to be a Fascist like him, says that you can ignore facts and reality then.
Donald Trump urges you to be a Climate Science denier like him. He says that he makes millions and millions for destroying the planet, Burn, Baby, Burn and Flood, Baby, Flood.
Donald Trump urges you to be a Climate Science denier like him. He says that he makes millions and millions for destroying the planet, Burn, Baby, Burn and Flood, Baby, Flood.
Nigel Farage urges you to ignore facts and reality and be a climate science denier like him and his Deputy Richard Tice. He says that Reform UK has received £Millions and £Millions from the fossil fuel industry to promote climate denial and destroy the planet.
Nigel Farage urges you to ignore facts and reality and be a climate science denier like him and his Deputy Richard Tice. He says that Reform UK has received £Millions and £Millions from the fossil fuel industry to promote climate denial and destroy the planet.

Continue ReadingTen years after the Paris Agreement, the super-rich are widening the emissions gap and putting world on track for catastrophe

‘There is nothing moral about cutting benefits’

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Keir Starmer explainst the moral case for cutting disability benefits. He says work will set you free.
Keir Starmer explains the moral case for cutting disability benefits. He says work will set you free.

https://morningstaronline.co.uk/article/there-is-nothing-moral-about-cutting-benefits

Starmer under pressure over cruel plan to slash welfare budget

KEIR STARMER came under pressure from MPs across the Commons over his cruel plan to cut benefits today.

Labour announced on Tuesday that it will slash £5 billion from the welfare budget by the end of the decade.

In the Commons, Labour’s Diane Abbott told Sir Keir to stop pretending his cuts were moral.

“There is nothing moral about cutting benefits for what may be up to a million people,” she said.

“This is not about morality, this is about the Treasury’s wish to balance the country’s books on the back of the most vulnerable and poor people in this society.”

Colum Eastwood from the SDLP told the prime minister of a constituent “who needed help, she had a disability. It meant that her children have to cut up her food, they have to help her wash between the waist, they have to supervise her when she goes to the toilet.

“Under the Tory welfare system we were able to get that lady on PIP. Under the Prime Minister’s new proposed system she will get zero, nothing.

“And after 14 years of the Tory government — and many of us wanted to see the back of them — can the Prime Minister answer one question – what was the point if Labour are going to do this?”

Green co-leader Carla Denyer urged a wealth tax instead of cuts, a policy quietly supported by many Labour MPs.

“We have a deeply unfair, unequal economic system where vast numbers of people are struggling yet billionaires are getting richer and richer,” she told Sir Keir.

“Does the Prime Minister really think that the way to tackle this is to put the onus onto older people, children and now sick and disabled people rather than on the shoulders of the super-rich with a wealth tax, those people who could most easily afford to pay?”

Article continues at https://morningstaronline.co.uk/article/there-is-nothing-moral-about-cutting-benefits

Keir Starmer confirms that he's proud to be a red Tory continuing austerity and targeting poor and disabled scum.
Keir Starmer confirms that he’s proud to be a red Tory continuing austerity and targeting poor and disabled scum.
Keir Starmer says pensioners can freeze to death and poor children can starve and be condemned to failure and misery all their lives.
Keir Starmer says pensioners can freeze to death and poor children can starve and be condemned to failure and misery all their lives.
Continue Reading‘There is nothing moral about cutting benefits’

Tax Dodging by Super-Rich, Big Corporations Costs Nations Half a Trillion Per Year: Study

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Original article by Jake Johnson republished from Common Dreams under Creative Commons (CC BY-NC-ND 3.0).

A crowd of demonstrators marches in Saint-Brieuc, France on May 1, 2024. (Photo: Emmanuelle Pays/Hans Lucas/AFP via Getty Images)

“The U.K. and the U.S. are both among the biggest enablers and the biggest losers of this lose-lose tax system,” said the chief executive of the Tax Justice Network.

A study published Tuesday estimates that tax dodging enabled by the United States, the United Kingdom, and other wealthy nations is costing countries around the world nearly half a trillion dollars in revenue each year, underscoring the urgent need for global reforms to prevent rich individuals and large corporations from shirking their obligations.

The new study, conducted by the Tax Justice Network (TJN), finds that “the combined costs of cross-border tax abuse by multinational companies and by individuals with undeclared assets offshore stands at an estimated $492 billion.” Of that total in lost revenue, corporate tax dodging is responsible for more than $347 billion, according to TJN’s calculations.

“For people everywhere, the losses translate into foregone public services, and weakened states at greater risk of falling prey to political extremism,” the study reads. “And in the same way, there is scope for all to benefit from moving tax rule-setting out of the OECD and into a globally inclusive and fully transparent process at the United Nations.”

The analysis estimates that just eight countries—the U.S., Canada, the U.K., Japan, Israel, South Korea, Australia, and New Zealand—are enabling large-scale tax avoidance by opposing popular global reform efforts. Late last year, those same eight countries were the lonely opponents of the United Nations General Assembly’s vote to set in motion the process of establishing a U.N. tax convention.

According to the new TJN study, those eight countries are responsible for roughly half of the $492 billion lost per year globally to tax avoidance by the rich and large multinational corporations, despite being home to just 8% of the world’s population.

“The hurtful eight voted for a world where we all keep losing half a trillion a year to tax-cheating multinational corporations and the super-rich,” Alex Cobham, chief executive of the Tax Justice Network, said in a statement Tuesday. “The U.K. and the U.S. are both among the biggest enablers and the biggest losers of this lose-lose tax system, and their people consistently demand an end to tax abuse, so it’s absurd that the U.S. and U.K. are seeking to preserve it.”

“It’s perhaps harder to understand why the other handful of blockers, like Australia, Canada, and Japan, who don’t play anything like such a damaging role, would be willing to go along with this,” Cobham added.

https://twitter.com/TaxJusticeNet/status/1858880408357888306?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1858880408357888306%7Ctwgr%5E212231be390df1278a214d4c3357d2bb5ea63942%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.commondreams.org%2Fnews%2Fglobal-tax-dodging

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TJN released its study as G20 nations—a group that includes most of the “hurtful eight”—issued a communiqué pledging to “engage cooperatively to ensure that ultra-high-net-worth individuals are effectively taxed.” Brazil, which hosted the G20 summit, led the push for language calling for taxation of the global super-rich.

The document drew praise from advocacy groups including the Fight Inequality Alliance, which stressed the need to “transform the rhetoric on taxing the rich into global reality.”

The communiqué was released amid concerns that the election of far-right billionaire Donald Trump in the U.S. could derail progress toward a global solution to pervasive and costly tax avoidance.

The new TJN study cites Trump’s pledge to cut the statutory U.S. corporate tax rate from 21% to 15% and warns such a move would accelerate the global “race to the bottom” on corporate taxation.

“People in countries around the world are calling in large majorities on their governments to tax multinational corporations properly,” Liz Nelson, TJN’s director of advocacy and research, said Tuesday. “But governments continue to exercise a policy of appeasement on corporate tax.”

“We now have data from these governments showing that when they asked multinational corporations to pay less tax, the corporations cheated even more,” Nelson added. “It’s time governments found the spines their people deserve from their leaders.”

Original article by Jake Johnson republished from Common Dreams under Creative Commons (CC BY-NC-ND 3.0).

Continue ReadingTax Dodging by Super-Rich, Big Corporations Costs Nations Half a Trillion Per Year: Study

Morning Star: The good, the bad and the ugly in the Labour Budget

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https://morningstaronline.co.uk/article/editorial-good-bad-and-ugly-labour-budget

Keir Starmer says pensioners can freeze to death and poor children can starve and be condemned to failure and misery all their lives.
Keir Starmer says pensioners can freeze to death and poor children can starve and be condemned to failure and misery all their lives.

So-called austerity is best understood as a massive transfer of wealth — from public to private, from the many to the few, as the fortunes of the super-rich ballooned while Britain endured the longest wage squeeze since the Napoleonic wars.

This is a grotesquely unequal country in which big banks and energy giants post the largest profits in their history, in which the richest 1 per cent own more than the poorer 70 per cent of the population put together, in which millions rely on foodbanks while the number of billionaires increased by a fifth during the Covid crisis alone.

When Reeves gives with one hand and takes away with the other — as PCS leader Fran Heathcote notes she does by offering a 1.7 per cent increase in departmental spending, while setting a 2 per cent savings target for those same departments — she cites pressure on the public finances that could be relieved easily through higher corporation tax, a financial transactions tax or a wealth tax. As Unite’s Sharon Graham notes, a 1 per cent tax on the richest 1 per cent would raise £25 billion, filling the so-called “black hole” in the budget at a stroke.

It is a choice to keep children in poverty with the two-child benefit cap, to pick pensioners’ pockets with the winter fuel payment cut and to continue Tory “reform” of the work capability assessment — estimated to cost over 400,000 people with mobility or mental health problems over £400 a month.

It is a choice to echo Tory hysteria over benefit fraud, when the amount lost to this is less than goes unclaimed in social security payments people are entitled to. Giving the Department for Work & Pensions power to remove money directly from bank accounts will likely increase non-take-up of benefits by people who need them but understandably fear their personal finances being exposed in this way.

And it’s a choice to hike the cost of a bus ticket by 50 per cent while maintaining a fuel duty freeze — when governments across Europe are making public transport cheaper because it is essential to reduce greenhouse gas emissions.

https://morningstaronline.co.uk/article/editorial-good-bad-and-ugly-labour-budget

Continue ReadingMorning Star: The good, the bad and the ugly in the Labour Budget

How bad are private jets for the environment?

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https://www.energymonitor.ai/sectors/transport/how-bad-are-private-jets-for-the-environment/

Private jet use is increasingly under scrutiny as the effects of climate change become apparent. Credit: zorazhuang via Getty Images.

As public pressure grows, some governments are attempting to reduce the number of private and commercial short-haul flights.

Recent coverage of celebrities like Taylor Swift and politicians using private jets for short journeys has reignited a debate about the justifiability of their use. As public pressure to curb carbon emissions grows, some governments are attempting to reduce the number of short-haul flights undertaken by commercial and private jet aircraft.

The crux of the issue with private jets, is they have a dramatically higher carbon footprint per passenger than commercial alternatives.

A 2021 report from Brussels-based campaign group Transport and Environment found that private jets are five to 14 times more polluting per passenger than commercial flights and 50 times more polluting than trains.

The report also stated that some private jets emit two tonnes of CO2 per hour, which is staggering when compared to the average annual output per person of 8.2 tonnes in advanced economies.

“Aeroplanes are one of the most polluting methods of transport due to the variety of released gases,” explains GlobalData analyst Will Tyson. “It is not just CO2 emissions, but also nitrogen oxides and the effects of vapour trails.

“The altitude from which the gases are emitted also has an impact due to the greenhouse effect being stronger the higher in the air you are.”

As a whole, air travel accounts for 2% of CO2 emissions. In contrast, militaries around the world contribute 5.5% of CO2 emissions.

Global NGO Greenpeace is part of a growing number of organisations lobbying to ban private jet use once and for all, arguing that, despite 80% of the world’s population having never taken a flight, the super-rich 1% are responsible for half of the world’s aviation emissions.

https://www.energymonitor.ai/sectors/transport/how-bad-are-private-jets-for-the-environment/

One of the many occasions climate destroyer and UK Prime Minister Rishi Sunak uses a private jet.
Climate destroyer and UK Prime Minister Rishi Sunak often uses private jets.
Continue ReadingHow bad are private jets for the environment?