Financial24.co.uk
Financial and Business News

- Advertisement -

- Advertisement -

- Advertisement -

Tax soaring private jet use to fund green flying, says report

73

Taxes of €325m a year should be used to fund zero-carbon aviation technology, report suggests

Climate-heating emissions from private jet flights have soared in Europe since 2005, according to a report. It calls for wealthy fliers to pay ticket taxes of €325m a year to fund the acceleration of zero-carbon aviation technology.

Carbon emissions from private flights rose by 31% from 2005-19, the report says, and private aviation had rebounded to pre-pandemic levels by August 2020, when 60% of public flights were grounded.

Continue reading…

Leave A Reply

Your email address will not be published.