Category: superyachts
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The climate economics of the world’s 6,000 superyachts: ‘It’s not an entirely rational decision’
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Superyachts are the ultimate status symbol for royal families, oligarchs and billionaires from Jeff Bezos to Bernard Arnault. Floating palaces are a source of magic and secrecy – and greenhouse gas emissions. The greenhouse effect pollution caused by luxury vessels, which benefit so few superyachts, has prompted sociologist Gregory Salle…