EU Green Deal fuel tax to exclude corporate jets and cargo flights
A new European aviation tax has been confirmed as part of EU Green Deal plans to reduce greenhouse gas emissions.
The “Fit for 55” legislative package, unveiled by the European Commission yesterday, impacts all industries and aims to make the continent climate-neutral by 2050.
The fuel tax will affect airlines operating into and from the EU but will not apply to corporate jets or cargo flights.
The measures will also require airlines to uplift a proportion of sustainable aviation fuel (SAF) when operating in Europe, as well as the implementation of the UN Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) into European law.
The EU plan follows many initiatives by the aviation industry to support decarbonization and decrease GHG emissions by 50% by 2050.
Last May, the Council on Sustainable Aviation Fuels Accountability (CoSAFA) was established as part of efforts to reduce carbon emissions.
Similarly, the ReFuelEU Aviation Initiative demonstrates the business aviation community’s commitment to increasing the availability and use of SAF.
For more information on the EU plan, click here.