this post was submitted on 18 Aug 2023
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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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[–] hh93@lemm.ee 4 points 1 year ago (1 children)

Won't stop the meat producing companies or the oil companies from existing - that just moves the emissions of them to their heirs.

That metric is really bad - as long as there's demand for gas or meat those emissions need to be attached to someone - and attaching them to the owner just takes away all responsibility from everyone and tells them that they don't have to change anything.

If BP would Stop producing oil tomorrow the price would probably jump but then other companies would step in and fill that gap and nothing would've changed pollution wise.

[–] absentthereaper@lemmygrad.ml 2 points 1 year ago

I'm not advocating for it, but I will say there are no Romanovs around, so it's not 100% that it's always the heir next.