Current:Home > InvestYacht called Kaos vandalized by climate activists in Ibiza -WealthTrack
Yacht called Kaos vandalized by climate activists in Ibiza
View
Date:2025-04-15 09:54:32
Spanish climate activists defaced a multimillion-dollar superyacht docked in Ibiza over the weekend, a social media video shows. The yacht, a sprawling vessel called Kaos, is reportedly owned by Nancy Walton Laurie, a billionaire Walmart heiress.
Activists from Futuro Vegetal, an environmental group that aims to fight climate change, shared a video on Twitter Sunday morning showing them standing in front of the Kaos yacht and holding a poster that reads, "You Consume Others Suffer." At least one portion of the boat's exterior, the one closest to land, is seen covered in a mixture of red and black spray paint.
Members of Futuro Vegetal pointed out that carbon emissions across the board are highest among the world's richest people.
"The richest 1% of the world population pollutes more than the poorest 50%," the activists are heard saying in the video.
"They are condemning us to a future of pain, misery and desolation," they continued. "They are destroying our planet, compromising the habitability of the land and everything, to lead a standard of living that goes beyond the limits of reason."
The two climate activists who appeared in Futuro Vegetal's social media video were detained on Sunday, according to the group, which said in an update shared on Twitter that the pair would likely be released on Monday afternoon.
No podemos seguir así, es una cuestión de vida o muerte. Escúchanos, comparte nuestro mensaje!
— FuturoVegetal🍒 (@FuturoVegetal) July 16, 2023
Actualización de las compañeras: siguen detenidas desde esta mañana y se prevee que sean trasladadas al juzgado, siendo puestas en libertad mañana a mediodía.
APÓYANOS. pic.twitter.com/Bx0IJjER06
According to Yacht Bible, an industry news site that says it tracks yacht purchases and ownership globally, Kaos belongs to Laurie, the granddaughter of Walmart cofounder Bud Walton. Laurie inherited a stake in Walmart from her father and received enough stock in the company when he died in 1995 to make her a billionaire, according to Forbes. She took the 268th spot on the magazine's billionaires list in 2023, and her net worth is valued at around $8.7 billion, according to Forbes.
Grassroots climate activists, climate scientists and world leaders have for years been calling on the rich to reduce carbon emissions, as they point to the disproportionate greenhouse gas contributions from wealthy countries, like the United States, and individuals. In 2020, the United Nations urged the world's richest 1% to cut their carbon footprints by around 97% in order to stave off ongoing climate change.
Its report that year warned that the global emissions gap, meaning the "difference between where we are likely to be and where we need to be" on climate policy, was dangerously large, and the wealthy were primarily responsible. At the time, the U.N. report said just 10% of the world's population emitted nearly half of the world's carbon pollution.
In a report published in September 2020, the Stockholm Environment Institute estimated that the richest 10% of people, globally, contributed to roughly 50% of worldwide carbon emissions in the years 1995 and 2015 — the timeframe in which the institute conducted its study. By comparison, the poorest 50% were responsible for 7% or 8% of emissions.
Citing portions of that study in its own report on greenhouse gases and climate change, the International Energy Agency noted that the world's richest 0.1% contribute more to global carbon emissions each year than the rest of the wealthiest 10% combined, with the richest 1% polluting roughly 1,000 times more than the poorest 1%. Another report by Oxfam last November suggested that just 125 of the world's wealthiest billionaires emit 3 million tons of carbon dioxide per person, on average, each year, which is about a million times higher than the average annual emissions of the bottom 90%.
CBS News reached out to Walmart and to Laurie but did not receive immediate replies.
- In:
- Climate Change
- Walmart
- Spain
veryGood! (67)
Related
- The company planning a successor to Concorde makes its first supersonic test
- Leon Wildes, immigration lawyer who fought to prevent John Lennon’s deportation, dead at age 90
- Are banks, post offices, FedEx, UPS open on MLK Day 2024? Is mail delivered? What to know
- Who is Kalen DeBoer, Nick Saban's successor at Alabama? Here's what to know
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- Worried about losing in 2024, Iowa’s Republican voters are less interested in talking about abortion
- In Ecuador, the global reach of Mexico’s warring drug cartels fuels a national crisis
- Mop-mop-swoosh-plop it's rug-washing day in 'Bábo'
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Worried about losing in 2024, Iowa’s Republican voters are less interested in talking about abortion
Ranking
- Tom Holland's New Venture Revealed
- Jason Sudeikis Sparks Romance Rumors With Actress Elsie Hewitt
- Nigerian group provides hundreds of prosthetic limbs to amputee children thanks to crowdfunding
- Margaritaville license plates, Jimmy Buffett highway proposed to honor late Florida singer
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- Coronavirus FAQ: Are we in a surge? How do you cope if your whole family catches it?
- 2023 was officially the hottest year ever. These charts show just how warm it was — and why it's so dangerous.
- Why did someone want Texas couple Ted and Corey Shaughnessy dead?
Recommendation
Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
Louisiana woman grew a cabbage the size of a small child, setting record for massive produce
Citigroup to cut 20,000 jobs by 2026 following latest financial losses
Death toll rises to 13 in a coal mine accident in central China
Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
States with big climate goals strip local power to block green projects
Explosive device kills 5 Pakistani soldiers in country’s southwest
As Israel-Hamas war reaches 100-day mark, here’s the conflict by numbers