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

A study found that the top 10% of consumers are responsible for $5.7 trillion in annual environmental damage, surpassing the economies of all countries except the US and China. This group, primarily in the global north, drives significant climate and biodiversity costs, underscoring the need for targeted policies such as taxes on luxury goods and carbon emissions.

Summary by OZbrief Editorial · The Guardian Australia – Business · Source