the carbon footprint of French billionaires scrutinized by Oxfam and Greenpeace

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The greatest fortunes are also those who pollute the most, through their financial investments. And by far. A joint report by Oxfam and Greenpeace pinpoints polluting billionaires.

What if the richest French were also the most polluting for the planet? In a report by Oxfam and Greenpeace published on Wednesday February 23, the associations point to the carbon footprint of the financial assets of large fortunes. Thus 63 billion French people emit 152 million tonnes of CO2 each year. This is as much as half of the entire French population. On the podium of the most polluting portfolios, Gérard Mulliez, founder of the Auchan group, Rodolphe Saadé, CEO of CMA CGM and Emmanuel Besnier, boss of Lactalis.

With these unpublished figures, the authors of the report insist on the responsibility of these great fortunes in the ecological fight. “Faced with the ecological transition, who should make the effort?“, asks Alexandre Poidatz, co-author of the Oxfam report. To encourage these great fortunes to act in this direction, the authors of the report call for the creation of a tax on climate wealth. A tax calculated according to the carbon impact of investments A proposal that finds its place in the presidential campaign. Supported by Yannick Jadot, Anne Hidalgo or Jean-Luc Mélenchon. According to Oxfam estimates, this tax could bring in 7 billion euros per year to the state.

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