this post was submitted on 07 May 2025
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It takes only around $850k of net worth to be in the global 1% for wealth. Minimum wage ($7.25/hr) will put you in the top 10% of wages. So this really just says industrialized nations have been responsible for most emissions.
Partially, I agree your conclusion, but I believe some clarifications could help on the math part, because minimum wage will never put you in the top 10% of world income.
From investopedia 2024:
How Much Income Puts You in the Top 1%, 5%, 10%?
I think you're underestimating how poor most of the globe is. This study is also on wealth, not just income