EconomyLens.com
No Result
View All Result
Wednesday, March 25, 2026
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Other

At COP30, nations target the jet set with luxury flight tax

Andrew Murphy by Andrew Murphy
November 7, 2025
in Other
Reading Time: 6 mins read
A A
2
237
SHARES
3k
VIEWS
Share on FacebookShare on Twitter

Rooted in the idea that a small elite of premium flyers should pay more for their outsized contribution to global warming, the proposal will likely pit them against the powerful aviation industry. ©AFP

Paris (AFP) – France, Spain and Kenya are among a group of countries spearheading a drive at the COP30 climate summit for a new tax on luxury air travel, a source close to the matter told AFP. Rooted in the idea that a small elite of premium flyers should pay more for their outsized contribution to global warming, the proposal will likely pit them against the powerful aviation industry. Diplomats from the coalition of more than 10 countries are pushing for more to come aboard. “We want to expand the coalition and, in particular, bring in more European states,” the source said.

Related

Crude tumbles, stocks rally on hopes for Iran war de-escalation

Dirty diapers born again in Japan recycling breakthrough

Oil, stock trading spiked before Trump’s Iran remarks

New Mexico jury finds Meta liable for endangering children

War in the Middle East: latest developments

Business and first-class seats carry roughly triple the planet-warming emissions footprint of an economy ticket, while private jets emit up to 14 times more per passenger-kilometre compared to commercial flights. Countries that do not yet have such a tax would commit to imposing levies on business and first-class tickets as well as private jets. Those that already do — such as France — are pledging greater ambition, with steeper and more progressive rates. In practice, that could mean a dedicated surcharge on first-class travel. For private jets, the tax could be tied to kerosene consumption, though other mechanisms are under discussion.

The initiative is led by the Global Solidarity Levies Task Force, a group launched in 2023 and co-chaired by Barbados, Kenya and France. They have chosen COP30, held in Brazil’s Belem and billed as a moment for nations to move from climate pledges to action, as the runway to launch their proposal.

“It’s only fair” – “We need innovative and fair financing,” French President Emmanuel Macron said Thursday at a leaders’ summit ahead of COP30, which officially kicks off Monday. “With Kenya, Spain, Somalia, Benin, Sierra Leone, and Antigua and Barbuda, we have made significant progress toward a greater contribution from the aviation sector to adaptation,” he said. This group of countries also includes Djibouti and South Sudan. “It’s only fair that those who have the most, and therefore pollute the most, pay their fair share,” Spanish Prime Minister Pedro Sanchez said Friday.

The move is likely to face headwinds from airlines, including Air France, which in March unveiled a new version of its “La Premiere” cabin — the first update since 2014. Designed for long-haul Boeing 777s, the “suites” will feature five windows, an armchair and a chaise longue that converts into a bed. Proponents of the tax believe that demand for ultra-luxury travel is only weakly affected by price, and that the ultra-wealthy will keep flying even if tickets become slightly more expensive.

“Properly designed aviation taxes can raise predictable revenue for climate and development finance, while reinforcing fairness and solidarity,” argues the coalition of countries, in a new document explaining the rationale. Supporters cite the Maldives as an example. The tourism-dependent island nation charges steep departure taxes: $120 for business class, $240 for first class and $480 for private jets. “There’s no reason why other countries can’t do the same,” the source told AFP.

© 2024 AFP

Tags: aviationclimate changeluxury travel
Share95Tweet59Share17Pin21Send
Previous Post

Will ‘war profiteer’ Norway come to Ukraine’s financial rescue?

Next Post

Worries over AI spending, US government shutdown pressure stocks

Andrew Murphy

Andrew Murphy

Related Posts

Other

Data canary shows economy already suffering from Middle East war

March 25, 2026
Other

War in the Middle East: latest developments

March 24, 2026
Other

Iran, Israel trade strikes despite Trump talk of negotiations

March 24, 2026
Other

Oil prices jump as Trump’s Iran claims raise doubts

March 24, 2026
Other

Xiaomi quarterly profit slumps despite annual EV gains

March 24, 2026
Other

Gas shortages push India’s poor back to wood and coal

March 24, 2026
Next Post

Worries over AI spending, US government shutdown pressure stocks

Worries over AI spending, US government shutdown pressure stocks

UPS, FedEx ground MD-11 cargo planes after deadly crash

Shein bans sex dolls after France outrage over 'childlike' ones

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
2 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

96

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

Middle East war: global economic fallout

March 25, 2026

Japan PM asks IEA to prepare additional ‘coordinated release’ of oil

March 25, 2026

BTS concert drew 18.4 million viewers, says Netflix

March 24, 2026

Crude tumbles, stocks rally on hopes for Iran war de-escalation

March 25, 2026
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.