Hutchison megadeal reveals dark side of container shipping
What money cannot buy
Airlines will be awaiting the outcome of Cop28 with interest after news that the EU will be arguing for a tax on aviation fuel.
The new EU climate commissioner, Wopke Hoekstra, told journalists a levy would generate a “substantial amount of money”, even with just “a relatively small sum” charged per flight, reports the UK FT.
Kerosene is tax-exempt and several countries have suggested a levy on flying to finance climate action; Mr Hoekstra said he wanted to discuss and test the ...
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