Climate targets are standing in the way of global development.
The global super-rich love to warn us about climate change. They love to preach about all the things we’ll need to give up and all the sacrifices we should make. But they also love to travel in private jets and live in lavish mansions by the sea. They emit orders of magnitude more CO2 than the average person. So what explains this mismatch? Is there more to it than just hypocrisy?
