Wealthiest 10% of Americans Responsible for 40% of U.S. Greenhouse Gas Emissions, Study Finds

September 1, 2023 EcoVadis EN


According to a new University of Massachusetts Amherst (UMass Amherst) study, Americans whose income is in the top 10 percent are responsible for 40 percent of the total greenhouse gas emissions in the country. It’s the first study to connect income with the emissions used to generate it.

The researchers focused on earnings derived from financial investments and recommended taxes be adopted that hone in on investment incomes’ carbon intensity, a press release from UMass Amherst said.


Read the full article at: www.ecowatch.com

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EcoVadis EN

EcoVadis is a purpose-driven company dedicated to embedding sustainability intelligence into every business decision worldwide. We offer a full range of solutions including IQ-Plus Risk & Compliance Management, EcoVadis Ratings, and Carbon Action Module for Scope 3 Decarbonization. Key features like 360/Live News Monitoring, Academy E-learning and Corrective action plans help companies comply with ESG regulations, reduce GHG emissions, and improve the sustainability performance of their business and value chain across 250 industries in 185 countries.

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