The super-rich are fuelling the climate crisis with “gross carbon recklessness” as calls for an increased wealth tax grow louder.
New analysis from Oxfam found that the richest one per cent have already exhausted their annual carbon budget just 10 days into 2026. This is where CO2 emissions exceed limits to keep the world within 1.5℃ of warming. It is often referred to as “Pollutocrat Day”.
