WestJet boss warns national carbon tax could 'kill' the airline industry
A national carbon tax that doesn’t take into account the unique challenges faced by airlines could irreparably harm Canada’s aviation industry, WestJet CE Gregg Saretsky warned Tuesday. “We’re obviously working closely with govt — they need to be very careful that they don’t kill an industry that is so important to economic growth,” Saretsky said. “It (a national price on carbon) needs to pass the reasonableness test.” Last week, federal environment minister Catherine McKenna said that the country will have a national price on carbon emissions by the end of 2016. In addition, Alberta’s carbon tax — set to take effect Jan 1, 2017 — will impose a 5.1 cent per litre levy (rising to 7.75 cents a litre in 2018) on jet fuel purchases for flights that originate and end within the province (i.e., Calgary to Edmonton). <br/>
https://portal.staralliance.com/cms/news/hot-topics/2016-07-21/unaligned/westjet-boss-warns-national-carbon-tax-could-kill-the-airline-industry
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WestJet boss warns national carbon tax could 'kill' the airline industry
A national carbon tax that doesn’t take into account the unique challenges faced by airlines could irreparably harm Canada’s aviation industry, WestJet CE Gregg Saretsky warned Tuesday. “We’re obviously working closely with govt — they need to be very careful that they don’t kill an industry that is so important to economic growth,” Saretsky said. “It (a national price on carbon) needs to pass the reasonableness test.” Last week, federal environment minister Catherine McKenna said that the country will have a national price on carbon emissions by the end of 2016. In addition, Alberta’s carbon tax — set to take effect Jan 1, 2017 — will impose a 5.1 cent per litre levy (rising to 7.75 cents a litre in 2018) on jet fuel purchases for flights that originate and end within the province (i.e., Calgary to Edmonton). <br/>
