Airlines to be charged more for polluting in EU green push

Airlines in the world’s biggest carbon market will eventually have to pay for all the pollution from their planes as the EU strengthens its climate policies under the Green Deal. A proposal by the EC includes a gradual phase out of emission allowances for carriers, and will be part of measures to be announced on July 14, according to a person with knowledge of the matter. The package will also introduce stricter demands on companies in the transport sector to use cleaner fuel. The EU aims to make its Green Deal and the ambitious environmental overhaul a new growth strategy as its economy recovers from the pandemic. The planned clean push also includes strengthening and expanding the bloc’s carbon market, creating a new emissions-trading program for buildings and road transport and setting new emissions standards for cars. The Commission wants to oblige fuel suppliers to blend an increasingly high level of sustainable aviation fuels into existing jet fuel sold at EU airports, said the person, who asked not to be identified because talks on the the draft laws are private. In addition, the EU executive is planning to encourage the uptake of synthetic low-carbon fuels under the so-called Fit for 55 package. Cleaner fuels will also get preferential treatment under EU’s new energy taxation framework.<br/>
Bloomberg
https://www.bloomberg.com/news/articles/2021-07-05/airlines-to-be-charged-more-for-polluting-in-eu-green-push
7/5/21