Great technology and climate action: real change or ecology?

by

High-tech billionaires must do the right thing

Suffice it to say that the technology industry needs to do more. Massive promises, reforestation efforts, negative carbon plans, and verbal commitments to climate action are all very good, but these companies represent a large percentage of the world's wealth and power and really don't do much when you consider the damage that has been done. They are made naturally.

A report found that the "average footprint of 1% of the richest people in the world can be 175 times 10% of the poorest people." Worse yet, the same study found that the number of billionaires investing in fossil fuels increased from 54 in 2010 to 88 in 2015, and that their collective wealth increased by 50% in that time.

  

And not just how they do business. Another study found that the average "super rich home" has a carbon footprint 10 times greater than the world average, meaning these tech-rich billionaires can have a serious impact if they want to.

"With respect to their own lifestyle choices, wealthy people can change a lot," said Ilona Otto, a researcher at the Potsdam Institute for Climate Impact Research.

The seriousness of climate change is terrifying. The changes we have to make as a society to prevent them from becoming disasters are dire. And strategies for dealing with problems effectively are limited. What we do know for sure is that those who have the strength and wealth to do something must have a greater impact than they do, or else it will be too little, too late.