Windfall profits from climate destruction go to wealthy elites, contrary to narratives of benefiting pensioners. Interesting research!
Reposted from
Isabella M. Weber
The distribution of fossil fuel profits exacerbates existing inequalities. 64% of households are white but claim 87% of profits. 14% of households are Black but only get 3% and 10% are Hispanic but get a mere 1%. 51% go to the richest 1%, just 1% to the bottom 50%. 8/
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