
"As workplaces have evolved, billionaire executives have quickly upgraded their luxury travel options to be fully equipped for remote work. This has included dedicated office space, high-speed satellite internet connections, board rooms, and even additional desk areas for support staff on yachts. "After Covid, working remotely became easy for everyone, and there's no reason you couldn't do it from a yacht," said yacht charterer Dimitris Angelakos, per the Wall Street Journal."
"Luxury travel produces a disproportionate amount of atmospheric pollution. One study suggested it would take 585 years for the average European to pollute as much as a billionaire on a yacht would after one year. This pollution intensity contributes directly to increasingly destructive weather patterns like floods, droughts, and heat waves, which in turn incur massive costs to agricultural, housing, and ecological sectors."
"However, commercial real estate and local business interests have pushed many entrepreneurs to force their employees back to the office while management continues to enjoy the luxuries of remote work. "People are now staying on board their yachts not sporadically like they used to, but for months at a time, and often they need to be able to do real work while they are aboard," said Florida yacht broker Alex Clarke, per the Wall Street Journal."
Remote work has allowed wealthy individuals to outfit yachts with full office amenities, including dedicated office space, high-speed satellite internet, boardrooms, and desk areas for support staff. Many wealthy executives stay aboard for months and perform real work while traveling. Luxury yacht travel produces a disproportionate share of atmospheric pollution; one study estimated an average billionaire on a yacht pollutes as much in one year as an average European would in 585 years. That pollution contributes to destructive weather patterns, imposing large costs on agriculture, housing, and ecosystems. Governments hold primary responsibility for curbing elite travel emissions, and individuals can opt for lower-impact travel like rail.
Read at The Cool Down
Unable to calculate read time
Collection
[
|
...
]