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Science Weekly

Superyachts and private jets: the carbon impact of the ‘polluter elite’

Science Weekly

The Guardian

Science

4.21K Ratings

🗓️ 21 November 2023

⏱️ 19 minutes

🧾️ Download transcript

Summary

A new report from Oxfam has found that the extravagant carbon footprint of the 0.1% – from superyachts, private jets and mansions to space flights and doomsday bunkers – is 77 times higher than the upper level needed for global warming to peak at 1.5C. Madeleine Finlay hears from the Guardian’s Europe environment correspondent Ajit Niranjan, and from wealth correspondent Rupert Neate, about the highly polluting transport habits of the ultra-wealthy. Help support our independent journalism at theguardian.com/sciencepod

Transcript

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0:00.0

This is the Guardian. So I turned up at the Monaco Yachow at the end of September. I did not take up the

0:19.6

the organizers offer on their website of getting a private jet transfer or a helicopter transfer.

0:25.0

I got a train down.

0:26.0

That's the Guardian's Europe Environment Correspondent Agit Naranjan.

0:31.0

In late September he found himself taking on an unusual assignment.

0:36.0

I guess I've just never been surrounded by that many rich people before,

0:40.0

like super, super rich.

0:42.0

And all of the kind of little trappings of wealth that you might imagine.

0:46.8

Like with champagne going around, everyone's like in, I want to say fancy outfits which probably doesn't really do it justice.

0:54.0

Why was Adjit visiting this ultra fancy yacht show in Monaco?

0:59.0

The first thing I wanted to see was how well this industry is actually doing it going green.

1:06.0

The second reason I was there was to meet people who have very high emissions, who have lifestyles that result in spewing large amounts of carbon dioxide

1:17.1

into the atmosphere and heating the planet.

1:21.8

According to new research from Oxfam, the richest 1% of the population produces as much carbon pollution in one year as the 5 billion people who make up the poorest 2 thirds.

1:38.0

And there are two things the super-rich have that the rest of us can only dream of.

1:45.6

When researchers tried to study the carbon footprints of like 20 rich billionaires,

1:50.6

they found that yachts were the single biggest contributor ahead of their private jets.

1:56.0

This week the Guardian is investigating the Great Carbon Divide, looking at carbon inequality and who's most responsible for the emissions

2:06.1

driving the escalating climate crisis.

2:09.7

So today we're zooming in on the luxury transport habits of the super rich and asking

2:17.0

what price are we all paying for the jet set lifestyle of the polluter elite.

2:23.0

From the Guardian, I'm Madeline Finley,

...

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