European Commission aviation pollution tax proposal fuels debate
The European Commission recently proposed an EU-wide minimum tax rate for polluting aviation fuels such as kerosene to reduce CO2 emissions by 55% by 2030.
The European Commission recently proposed an EU-wide minimum tax rate for polluting aviation fuels such as kerosene to reduce CO2 emissions by 55% by 2030.
Environmental taxes on the aviation sector could contribute 1.5 billion euros to the State budget of Belgium.
U.S. lawmakers plan to introduce a bill on Thursday that would create a tax credit for lower-carbon sustainable aviation fuel, which they hope will slash emissions of greenhouse gases from
8 January 2020: At the end of 2019 the shipping industry proposed a $500 million per year global research fund, financed through a levy of USD 0.7 on each tonne
28 November 2019: Ahead of the UN COP25 Climate Change Conference in Madrid, the European Parliament approved a resolution declaring a climate and environmental emergency in Europe and globally. Specifically,
11 November 2019: In a joint statement, the Ministers of Finance of the Netherlands, Germany, France, Sweden, Italy, Belgium, Luxembourg, Denmark and Bulgaria asked the European Commission to introduce a
2 October 2019: When calculating the growth in the aviation industry, the Swiss bank UBS, took into account increases in flight taxes and feelings of flight shame, captured by its
8 October 2019: Responsible Travels says that the Air Passanger Duty (ADP) for flyng from airports in the UK should increase sharply, particularly for domestic flights and travel in any
… for more Green Fiscal Policy news!