🔒 Tax on Europe’s frequent flyers could raise €64bn a year – study

TL;DR


Summary:
- The study suggests that a tax on frequent flyers in Europe could raise €64 billion per year, which could be used to fund climate action and support low-income households affected by the transition to a greener economy.
- The proposed tax would target those who take the most flights, with higher taxes for those who fly more frequently, in an effort to discourage excessive air travel and reduce the aviation industry's carbon footprint.
- The study highlights the potential for such a tax to generate significant revenue while also incentivizing behavioral change and supporting a just transition to a more sustainable future.

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