The struggle to put a carbon price on a flight
Europe is leading the world—but still not going fast enough
Few topics annoy green activists as much as air travel. Planes account for a sliver of total carbon-dioxide emissions— roughly 2.5%—but unlike heating, other transport and electricity, journeys on them are often luxuries not essentials. Air travel has also largely escaped carbon pricing, which covers a quarter of all emissions.
This article appeared in the Finance & economics section of the print edition under the headline “Stormy skies”
Finance & economics December 17th 2022
- How the West fell out of love with economic growth
- The game is up for Sam Bankman-Fried
- America’s inflation fever may be breaking at last
- What an unusual auction says about the art market
- Europe looks increasingly complacent about the winter ahead
- The struggle to put a carbon price on a flight
- The insidious threats to central-bank independence
From the December 17th 2022 edition
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