The Right Coast

Editor: Thomas A. Smith
University of San Diego
School of Law

Wednesday, February 12, 2020

Global Warming Threatens Luxury Lifestyles Of The Rich

Take private jets, on which any multimillionaire worth their wealth hops from Davos to Dubai. Despite "flygskam," the new Swedish word coined for flight shaming frequent flyers, deliveries of new private jets are expected to rise 9% this year according to a report from Honeywell International.

Deliveries are also expected of a further 800 superyachts this year, as the 5,000 strong fleet of these 24+ meter ships grows around the world. Each of these burns an average of 500 litres (110 gallons) of fuel an hour, according to Towergate Insurance.

And, if last year's sales of sports utility vehicles (SUVs) and supercars are anything to go by, deliveries of these will increase as well. In the U.K., high-emission SUVs now outsell electric cars by 37 to one the UK Energy Research Centre found.

via www.forbes.com

I notice Bill Gates has ordered a new superyacht. It has some kind of funky new hydrogen engine.

https://rightcoast.typepad.com/rightcoast/2020/02/global-warming-threatens-luxury-lifestyles-of-the-rich.html

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