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Proposal for a ‘jet set’ tax on Europe’s frequent flyers has potential to generate billions in revenue


The UK based think tank, New Economics Foundation (NEF), has proposed a frequent flyer tax that would be applied to air passengers across Europe. This tax is estimated to potentially raise billions of Euros in revenue. The NEF argues that frequent flyers, who are often wealthier and have a larger carbon footprint due to their frequent air travel, should pay more to help offset the environmental impact of their activities.

The proposed tax would target individuals who fly frequently, rather than occasional flyers, and would be designed to encourage more sustainable travel choices. The NEF believes that this tax could help reduce the overall carbon emissions generated by the aviation industry and contribute to efforts to combat climate change.

The NEF’s proposal is part of a broader discussion around the environmental impact of air travel and the need for measures to reduce carbon emissions from the aviation sector. While the airline industry has made some progress in improving fuel efficiency and investing in alternative fuels, air travel remains a significant contributor to greenhouse gas emissions.

Critics of the frequent flyer tax argue that it could disproportionately affect lower-income individuals who rely on air travel for work or family reasons. However, the NEF believes that the tax could be designed in a way that minimizes the impact on these groups, such as through exemptions or discounts for essential travel.

Overall, the NEF’s proposal for a frequent flyer tax has sparked debate about how best to address the environmental impacts of air travel and has the potential to generate significant revenue for sustainability initiatives. Stay tuned for further developments as policymakers and stakeholders consider this innovative approach to reducing the carbon footprint of frequent flyers.

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Photo credit www.euronews.com

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