• Home
  • Latest
  • Coins2Day 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Lifestylesuperyacht
Europe

The climate economics of the world’s 6,000 superyachts: ‘It’s not an entirely rational decision’

By
Jessica Nix
Jessica Nix
and
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Jessica Nix
Jessica Nix
and
Bloomberg
Bloomberg
Down Arrow Button Icon
June 9, 2024, 1:00 AM ET
A superyacht moored, with a blue sky
There are now nearly 6,000 superyachts globally.Eva Marie Uzcategui/Bloomberg via Getty Images

Superyachts are the ultimate status symbol for royal families, oligarchs and billionaires from Jeff Bezos to Bernard Arnault. The floating palaces are a source of fascination and secrecy — and greenhouse gas emissions. 

The planet-warming pollution caused by luxury vessels that benefit the very few has led lifestyle social scientist Gregory Salle to dub them a form of “ecocide” and “conspicuous seclusion” in his new book, Superyachts: Luxury, Tranquility and Ecocide.

There are almost 6,000 superyachts — that is, vessels over 30 meters (100 feet)  — at sea, according to a report earlier this year by media and market intelligence company SuperYacht Times. The total has quadrupled in the past three decades. 

“It’s hard to think about a sign of wealth that is more convincing than that if you possess a superyacht,” said Salle, who is a professor at France’s University of Lille. 

The concentration of wealth hasn’t just led to the superyacht explosion. It’s also led to a split in per-capita emissions, with the most well-off living the highest carbon lifestyles.

The world’s wealthiest 10% already account for half of the world’s carbon dioxide emissions, according to Oxfam research. The nonprofit found that it would take 1,500 years for someone in the bottom 99% to emit as much carbon as one of the world’s top billionaires. The ultra rich’s emissions come from a variety of sources, including large homes and frequent jet travel. But superyachts are their single largest source of greenhouse gas emissions, according to a 2021 study.  

The annual CO2 emissions of the top 300 superyachts is almost 285,000 tons, according to Salle’s book, an amount more than the entire nation of Tonga. 

Superyachts are also more than climate polluters. Wastewater, noise and light pollution, particulate matter in exhaust, and even where the vessels dock can have an adverse effect on the local environment. Those outsize impacts add up to why Salle has dubbed the vessels a form of ecocide. 

The term — which was coined in the 1970s — refers to the willful destruction of nature and has often been used to describe the actions of the wealthy given their outsize carbon footprint. In 2021, lawyers proposed codifying ecocide into international criminal law, putting it on par with genocide. European Union lawmakers voted to criminalize environmental damage “comparable to ecocide” earlier this year. Whether the new law will be used to prosecute the use of superyachts remains to be seen.

Some owners are cognizant of the dangers their vessels pose to the environment. Jeff Bezos’s $500 million superyacht Koru set sail in April 2023 with sails to help power its voyage. It still sports diesel-powered motors, though. Oxfam estimates that the 127-meter (416-foot) vessel has emitted 7,000 tons of carbon dioxide over the past year, an amount equal to the annual emissions of 445 average Americans. 

That estimate is also almost certainly on the low end as the calculations account for the yacht being on standby rather than in transit. The number also doesn’t include Koru’s companion yacht, Abeona, a 75-meter support motor yacht that functions like a garage with a helicopter pad and jet skis. 

The sails on Bezos’s ship are an exception: The vast majority of superyachts are solely engine-powered. Only eight new sailing builds were completed in 2023, compared to the 195 new motor yachts. 

Understanding a superyacht’s true carbon emissions is incredibly difficult because of a lack of data collected and the inherently secretive nature of yachting, according to Malcolm Jacotine, founder of the superyacht consultancy firm Three Sixty Marine. Using the International Maritime Organization’s data, Jacotine estimates yachting emissions will hit 10 million tons by 2030 if the industry takes a “business as usual” approach. 

To help owners understand their boats’ impact, he’s developed two carbon emissions calculators. They have limitations, though, because they rely on voluntarily reported data and estimated tons of diesel fuel. 

Yachts spend 10% to 20% of the year sailing and relying on engine power. The boats reach top speed only 0.1% of the year, according to Robert van Tol, executive director of the Water Revolution Foundation. The rest of the year, the vessel is a floating hotel, relying on generators that are required for a longer period of time and emit more CO2, according to Jacotine’s calculations. 

Still, emissions data is done on a boat-by-boat basis, and one yacht may travel more than another in a year, making the traveling emissions higher, according to Oxfam researchers. Yachts are exempt from International Marine Organization emission rules, so true emissions of any boat are difficult to discern. That reflects how superyachts are both ostentatious and somewhat unknowable. 

“Superyachts are made to be noticed,” Salle said. “But [they] are also vehicles that are really secretive in the sense that you can’t access the inside if you are not invited.”  

New builds are focusing less on engines reaching top speeds and more on saving energy in hotel mode. But sustainability may not be at the forefront of purchasing decisions.

“It’s not a totally rational decision to buy a yacht,” said Ralph Dazert, head of intelligence at the media and market insight company SuperYacht Times. “It’s quite an emotional thing because it costs you an absolute fortune.” 

In 2023, the total value of yachts sold totaled €4.6 billion ($4.9 billion), according to Dazert. He said the movement towards sustainability will be largely driven by shipyards and engineers adding features to new builds, including using recycled materials. New types of fuel could also cut emissions. 

This year, Italian shipbuilder Sanlorenzo will test the first 50-meter steel yacht powered by hydrogen fuel cells, and another 114-meter yacht from German shipmaker Lürssen with the same technology is in production for 2025 for Apple Inc.’s former watch developer Marc Newson. 

But the larger the build, the longer the wait time. That means some of these features will take years to appear on the high seas, according to Jacotine.

In a bid to clean up superyachts’ image, some owners are making theirs available for research and exploration. That includes a new 195-meter yacht owned by a Norwegian billionaire Kjell Inge Rokke, which is set to launch in 2026 with over 50 scientists to study the ocean. (It’s also available for custom cruises.) 

While public scrutiny is mounting, superyachting is a client-driven industry. And for most buyers, luxury still trumps climate concerns. Salle noted that like many upscale items, superyachts aren’t just products. They’re representative of a “lifestyle,” one that right now is intimately tied to carbon-intensive activities. 

“Ecocide is something that causes deep harm, harm that is lasting over time,” Salle said. “You could apply this to what [superyachts] are doing, not just individual … but global.”

Join us at the Coins2Day Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.
About the Authors
By Jessica Nix
See full bioRight Arrow Button Icon
By Bloomberg
See full bioRight Arrow Button Icon

Latest in Lifestyle

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Coins2Day 500
  • Global 500
  • Coins2Day 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Coins2Day Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Coins2Day Brand Studio
  • Coins2Day Analytics
  • Coins2Day Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Coins2Day
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Most Popular

placeholder alt text
Europe
Denmark offered to trade Greenland to the U.S. in 1910—and America thought it was crazy
By Steven Lamy and The ConversationJanuary 22, 2026
2 days ago
placeholder alt text
North America
Gates Foundation plans to give away $9 billion in 2026 to prepare for the 2045 closure while slashing hundreds of jobs
By Sydney LakeJanuary 23, 2026
1 day ago
placeholder alt text
Personal Finance
Sweden abolished its wealth tax 20 years ago. Then it became a 'paradise for the super-rich'
By Miranda Sheild Johansson and The ConversationJanuary 22, 2026
2 days ago
placeholder alt text
Economy
'Some form of crisis is almost inevitable': The $38 trillion national debt will soon be growing faster than the U.S. economy itself, watchdog warns
By Nick LichtenbergJanuary 22, 2026
2 days ago
placeholder alt text
Success
McDonald’s CEO shares tough love career advice he’d give Gen Z and young millennial workers: ‘No one cares about your career’
By Orianna Rosa RoyleJanuary 22, 2026
2 days ago
placeholder alt text
Energy
Elon Musk warns the U.S. could soon be producing more chips than we can turn on. And China doesn’t have the same issue
By Sasha RogelbergJanuary 22, 2026
2 days ago

© 2026 Coins2Day Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Coins2Day Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Latest in Lifestyle

North AmericaAirline industry
Stranded by winter weather? Here’s what airlines owe you
By Rio Yamat and The Associated PressJanuary 24, 2026
24 minutes ago
Arts & EntertainmentMusic
Meet Bad Bunny, Super Bowl headliner: Son of a truck driver and English teacher used to work at a grocery store before becoming a SoundCloud superstar
By Sydney LakeJanuary 24, 2026
10 hours ago
swift
Lawsexual harassment
Taylor Swift’s secret text messages to Blake Lively revealed in court, relevance in dispute
By Safiyah Riddle, Sarah Brumfield, Rebecca Boone and The Associated PressJanuary 23, 2026
1 day ago
Walmart's CEO Doug McMillon
Successchief executive officer (CEO)
Walmart CEO started his career unloading trailers at the warehouse. He says he got promotion after promotion by raising his hand when his boss was out
By Orianna Rosa RoyleJanuary 23, 2026
1 day ago
SuccessCoins2Day The Good Life
Meet the 36-year-old founder of Gen Z stationery brand Papier, who avoids stocks and shares—or as he puts it, ‘a financial roller coaster I can’t control’
By Orianna Rosa RoyleJanuary 23, 2026
2 days ago
valentino
SuccessObituary
Valentino, one of the first Italian designers to succeed in France, defined the iconic female with bold reds and silhouettes—sometimes problematically
By Jye Marshall and The ConversationJanuary 22, 2026
2 days ago