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4 points

Hate to be devils advocate here, but even if billionaires contribute 1000x each, there is just one of them for 1000x1000x1000x1000x people so in total their contribution does not matter. What matters is their business choices which favor unsustainable practies for billions of people, so eventually they have a huge effect, just not directly.

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2 points

While true that total consumption is less than the rest of the population, billionaires have a very large influence and people try to mimic them. If they don’t set an example and still fly everywhere in a private jet, those 1000x1000x1000x1000x people will also say f it, if a billionaire can’t do it, I certainly can’t.

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1 point

If we are talking about giving an example, while I agree in part, I also find there are people more popular and influential than billonaires. Half of the top 10 richest people are not really public personas at least from where I stand. Conversely, you do not need to be billionaire to produce 10000x CO2, you need some money but not that much. These people need to be also in attention focus. Even just middle upper class who like to fly a lot, the difference it makes is huge. Billionaires do their own part, but through ownership of large companies and their relation to customers, I think is more important way in which they make a difference.

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