The richest 1%— the more than 60 million people earning $109,000 a year—are by far the fastest-growing source of emissions. They live all over the world, with about 37% in the U.S. and more than 4.5% each in Brazil and China. [1]

[1] https://www.bloomberg.com/graphics/2022-wealth-carbon-emissi...

This is very helpful, thank you!

Poor people don't own investment capital. Prices are quick to rise, slow to lower, and the capital-owning class captures the difference as increased profits.