“The rich gazed at their superyachts, and decided they were not enough. The new breed of megayachts, which are at least 70 metres (230ft) in length, may be the most expensive moveable assets ever created.”

“First and foremost, owning a megayacht is the most polluting activity a single person can possibly engage in. Abramovich’s yachts emit more than 22,000 tonnes of carbon every year, which is more than some small countries. Even flying long-haul every day of the year, or air-conditioning a sprawling palace, would not get close to those emissions levels.

The bulk of these emissions happen whether or not a yacht actually travels anywhere. Simply owning one – or indeed building one – is an act of enormous climate vandalism.”

  • activistPnk@slrpnk.net
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    11 months ago

    Little surprise, then, that megayachts have been associated with crimes including money laundering, prostitution and illegal drug use.

    This comment works against the author’s credibility. You don’t need to spotlight controversial laws against the personal freedoms of consenting adults to make megayacht owners look bad. It’s like saying “the rapist also smokes marijuana!” And isn’t prostitution and drug consumption fair game in international waters?

    Second, the fact that yacht owners can choose which country’s flag to sail under – and can fly a flag of convenience if they choose – means it would be extremely difficult to enforce such a tax.

    That’s interesting. Though I didn’t know they had to pick a flag. Surely they could buy a tiny island and create their own country with their own laws. There’s a book on how to do that.