April 14, 2024

News Cymru

Two sides to every headline

Air Travel Carbon Tax – Harmful for the environment

EU Carbon Tax.

Getting straight down to business.

Taxes make things more expensive. When something is made more expensive it means you have to work more to get the same product or service as you did before.

When you work you consume the earths resources. If you have to work more, you use more of the earth’s resources.

So to repeat the point. Taxes harm the environment by causing more of the earth’s resources to be consumed than is necessary.

Wikipedia on Carbon Tax

carbon tax is an environmental tax levied on the carbon content of fuels.[1] It is a form of carbon pricingCarbon is present in every hydrocarbon fuel (coalpetroleum, and natural gas) and is released as carbon dioxide (CO2) when they are burnt. In contrast, non-combustion energy sources—wind,sunlighthydropower, and nuclear—do not convert hydrocarbons to CO2. CO2 is a heat-trapping “greenhouse” gas.[2] Scientists have pointed to the potential effects on the climate system of releasing greenhouse gases (GHGs) into the atmosphere (see scientific opinion on global warming).[2][3][4]Since GHG emissions caused by the combustion of fossil fuels are closely related to the carbon content of the respective fuels, a tax on these emissions can be levied by taxing the carbon content of fossil fuels at any point in the product cycle of the fuel.[5]

Irish Times

European aviation bosses have urged political leaders to stop an escalating global row over an EU carbon levy, warning it is seriously threatening their industry.

Airbus chief executive Tom Enders said that China – at the forefront of opposition to the EU Emissions Trading Scheme (ETS) – had suspended orders for aircraft worth $12 billion, putting at least 2,000 positions at risk.

Alongside Mr Enders, eight chief executives of airlines and engine makers wrote to the leaders of Britain, France, Spain and Germany saying they expected “suspensions, cancellations and punitive actions to grow as other important markets continue to oppose ETS”.

“The aim must be to find a compromise solution and to have these punitive trade measures stopped before it is too late,” the chief executives wrote in the letter. “We have always believed that only a global solution would be adequate to resolve the problem of global aviation emissions.”

BBC

Seven European aviation firms have written to governments complaining about the inclusion of airlines in the EU’s Emissions Trading Scheme (ETS).

The signatories, which include Airbus, British Airways and Virgin Atlantic, argue the move threatens jobs.

They are concerned about trade retaliation by countries not complying with the ETS, which puts a cost on carbon emissions beyond set limits.

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