The European Union intends to impose a tax on greenhouse emissions of all aircraft
Last reviewed: 16.10.2021
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Economically developed countries are on the verge of a trade war due to the attempt of the European Union to introduce a tax on the carbon emissions of all aircraft that will land and take off on the territory of the European Union.
If such a law is adopted, this initiative will become the first financial sanction in history that will be applied to sources of greenhouse gases.
On January 1, the European Union intends to include international airlines in the system of trade in permits for greenhouse gas emissions. This means that the right to emission of carbon emissions will have to be bought. Countries such as Brazil, India, the United States, Japan, China and Russia have already opposed this law, since, according to representatives of these countries, it is contrary to international law. Last week, the US Senate even voted not for the entry of US airlines into the EU system. It should be noted that President Obama can give this proposal the status of law.
Back in 1997, the UN took up control of carbon dioxide emissions, but this attempt failed due to mass protests by airlines as a result of harassment of them.
The authors of the report of the World Bank "Mobilization of the Climate Financial System" argue that the proposed tax on emissions of carbon emissions by aircraft is completely painless in comparison with the benefits obtained.
So, the tax at a rate of 25 cu per ton will lead to a rise in the price of the air ticket by only 2-4 cents, while carbon dioxide emissions will be reduced by 5-10% - due to the transition to more economical routes and aircraft speeds, writing off old structures, etc.
Note that the actual size of the estimated tax will depend on the market conditions of the ETS. To date, it would have been about $ 15. Per ton.
Recall that on October 1, 2011, the Government of Denmark introduced a tax on fatty foods.