Fair taxes on superyachts and private jets in the UK could have brought in 2bn last year, providing vital funds for communities affected by climate crisis.
Oxfam's analysis shows 12 billionaires contribute 17m tons of CO2 yearly, equivalent to emissions from 2.1m homes or 4.6 coal plants.
Natalie Shortall stated that while the rich pollute excessively, it's the impoverished who suffer climate crisis impacts most, necessitating fairer tax measures.
Oxfam calls for raising taxes on extreme wealth like private jets and superyachts as effective solutions to reduce emissions and address inequality.
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