Home Business news ‘Mega-consumers’ of food and energy cost environment $5.7tn a year, study finds

‘Mega-consumers’ of food and energy cost environment $5.7tn a year, study finds

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Top 10% generate climate and biodiversity damage bill that exceeds economies of most countries, say researchers

The environmental damage bill racked up by the highest-consuming 10% of the world’s population has reached up to $5.7tn a year – larger than the economy of every country except the US and China, a study has found.

Mega-consumers in this group are concentrated in the global north, accounting for more than half the population of the US and 40-45% of people in the EU.

Continue reading…Top 10% generate climate and biodiversity damage bill that exceeds economies of most countries, say researchersThe environmental damage bill racked up by the highest-consuming 10% of the world’s population has reached up to $5.7tn a year – larger than the economy of every country except the US and China, a study has found.Mega-consumers in this group are concentrated in the global north, accounting for more than half the population of the US and 40-45% of people in the EU. Continue reading…