Thomas Piketty proposes flight tax to raise climate funds

Air travel should be taxed to protect the world’s vulnerable from drought, flooding and sea level rise.

A €180 ($196/£130) levy on business class tickets and €20 on economy class would raise the estimated €150bn a year needed for climate adaptation.

That is one proposal by French economists Lucas Chancel and Thomas Piketty to address global inequalities between high-polluting individuals and the victims of climate change.

“Taxing flights is one way to target high emitting lifestyles, especially if we tax business class more than economy class,” Chancel told Climate Home.

http://www.theguardian.com/environment/2015/nov/05/thomas-piketty-proposes-flight-tax-to-raise-climate-funds

Luke Lai

#solar