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A firefighter battles the Palisades Fire as it burns a structure in the Pacific Palisades neighbourhood of Los Angeles, January 7, 2025
THE world’s wealthiest 1 per cent have already burned through their share of the entire annual carbon limit, a damning analysis of super-rich climate destruction has revealed.
A new study by charity Oxfam has analysed the “global carbon budget” — the amount of CO2 that can be emitted without exceeding the international target of limiting global warming to 1.5°C above pre-industrial levels.
Its findings showed that while the richest capitalists had already exceeded that limit in the first 10 days of 2025, it would take someone from the poorest half of the global population nearly three years to use up their share.
The glacier collapse in Nepal is yet another warning that a warming planet is making Himalayan disasters more frequent and destructive – but the countries facing the greatest risks are often those least responsible, says LI YANG
The future does not have to be climate chaos and social breakdown. MARC VANDEPITTE looks at the alternatives offered by the Global Justice Report, co-authored by Thomas Piketty
From summit to summit, imperialist companies and governments cut, delay or water down their commitments, warn the Communist Parties of Britain, France, Portugal and Spain and the Workers Party of Belgium in a joint statement on Cop30