European Union petition for international levy on Jet A1 fuel
The European Union (EU) lobbying for an international tax on Jet A1 fuel in a move to finance climate action via levies on polluting industries. According to Wopke Hoekstra, EU’s climate commissioner, China, Zambia, Brazil and the Gulf nations are among those that have expressed interest in such a tax in talks leading up to the UN’s COP28 climate summit in Dubai. Unlike other fuels, Jet A1 (kerosene) is exempt from tax throughout the...
