The rich should pay higher fares to clean up aviation, says Heathrow boss | CNN Business

  • 📰 CNN
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 95%

Business News News

Business Business Latest News,Business Business Headlines

Heathrow CEO John Holland-Kaye said that wealthy individuals and companies should pay extra to fly with sustainable aviation fuel in order to bring the costs down for everyone else

Rich travelers will have to pay more to fly if the aviation industry is to transition to greener fuels, the boss of one of the world’s biggest airports said Tuesday. Speaking on a panel at the World Economic Forum in Davos hosted by CNN’s Richard Quest, Heathrow CEO John Holland-Kaye said that wealthy individuals and companies should pay extra to fly with sustainable aviation fuel in order to bring the costs down for everyone else, particularly people in developing countries.

Holland-Kaye said that companies can play a major role accelerating the adoption of SAF because business travel accounts for about 30% of fuel used in aviation. He cited the example of Microsoft\n \n , which has an internal carbon tax for travel that requires each business unit to pay a fee based on its carbon emissions.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The 'Climate Change' hypocrites, fly on private planes, sail on Mega yachts, Drive gas guzzling SUV's, purchase ocean front property. 'Rules for thee but not for me' WEF Globalists Davos 'You'll own nothing and be happy' Klaus Shwab

Just raise the ticket price (and the landing cost to capture the Jet owners) based on number of flights (or landings). This would help family vacationers afford the price of a ticket and require frequent fliers to pay more.

The rich are not the piggy bank for your liberal agenda.

Test

Who decides who is rich

Or you know, let supply and demand do it’s thin….NO, fuck it, just tax the rich that’s always the solution.

How's this gonna go? People with bank accounts over $100,000 have to click on the Rich People tab of

That's easy enough - peg it to anyone buying a first class or business fare ticket. Real trick will be getting those with private jets to do similar.

Da gebe ich ihm recht

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Forget inflation, it's all about earnings | CNN BusinessTo everything there is a season and now is the time for earnings. not with a weaker currency in other coutries
Source: CNN - 🏆 4. / 95 Read more »

What's open and closed on MLK Day 2023 | CNN BusinessMartin Luther King Jr. Day celebrates the birthday of civil rights leader the Rev. Martin Luther King Jr., who won the Nobel Peace Prize in 1964. He was assassinated four years later. I’m getting double time and half baby CNN outdoing themselves here. Closed: MAGA minds that miss the days of 'whites only' counters.
Source: CNN - 🏆 4. / 95 Read more »

Twitter's laid-off workers cannot pursue claims via class-action lawsuit, judge says | CNN BusinessTwitter has secured a ruling allowing the social media company to force several laid-off workers suing over their termination to pursue their claims via individual arbitration rather than a class-action lawsuit. You meant Twitter politicized disgruntled ex employees. Supreme Court Watch — Forced Arbitration — Denied Access ; Venue Impeach POTUS
Source: CNN - 🏆 4. / 95 Read more »

SpaceX's most powerful rocket returns to flight and nails synchronized landing | CNN BusinessSpaceX's Falcon Heavy rocket, the towering launch vehicle known for its boosters' aerial acrobatics and synchronized landings when returning to Earth, took to the skies Sunday, delivering national security payloads to orbit for the US military. I’m sure the government is so pleased their highly classified projects are on unstable Elmo’s rockets When do we start going to the moon again? Just another day in Musk's backyard
Source: CNN - 🏆 4. / 95 Read more »

One Chinese province spent $22 billion on eliminating Covid before policy U-turn | CNN BusinessA number of regional governments in China have revealed the enormous sums they've spent on fighting the pandemic, reinforcing a previous state media report suggesting that mounting costs were a key reason why the country abruptly abandoned its zero-Covid policy. The priority of saving lives over money is definitely higher in China.
Source: cnni - 🏆 326. / 59 Read more »