Wednesday, July 05, 2006

Taxing airplane gas in Europe

Air fares 'to double' as Europe votes for green tax - World - Times Online

From the above:

AIR passengers will be charged up to £40 extra for a return ticket within Europe to pay for the environmental impact of their journeys, under plans approved by the European Parliament yesterday.

MEPs voted in favour of the “immediate introduction” of a tax on jet fuel for flights within the 25 member states of the EU. The charge would double the cost of millions of budget airline flights.

This is going to go over a treat with the public.

Some more:

Andrew Sentance, BA’s head of environmental affairs, admitted that aviation could account for almost half of Britain’s total CO2 emissions by 2050, compared with 6 per cent today.

Something tells me that such figures are likely to be rubbery in the extreme.

Meanwhile, what is to be done about China and India?

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