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Levy on international air travel could fund climate change fight

Posted By admin On June 8, 2009 @ 4:24 am In Featured Stories,Sci Tech | Comments Disabled

John Vidal,
London Guardian [1]
Monday, June 8, 2009

Britain and other rich countries will be asked to accept a compulsory levy on international flight tickets and shipping fuel to raise billions of dollars to help the world’s poorest countries adapt to combat climate change.

The suggestions come at the start of the second week in the latest round of UN climate talks in Bonn, where 192 countries are starting to negotiate a global agreement to limit and then reduce greenhouse gas emissions. The issue of funding for adaptation is critical to success but the hardest to agree.

The aviation levy, which is expected to increase the price of long-haul fares by less than 1%, would raise $10bn (£6.25bn) a year, it is said.

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Levy on international air travel could fund climate change fight 250509BANNER [2]

It has been proposed by the world’s 50 least developed countries. It could be matched by a compulsory surcharge on all international shipping fuel, said Connie Hedegaard, the Danish environment and energy minister who will host the final UN climate summit in December.

“People are beginning to understand that innovative ideas could generate a lot of money. The Danish shipping industry, which is one of the world’s largest, has said a that truly global system would work well. Denmark would endorse it,” said Hedegaard.

In Bonn last week, a separate Mexican proposal to raise billions of dollars was gaining ground. The idea, known as the “green fund” plan, would oblige all countries to pay amounts according to a formula reflecting the size of their economy, their greenhouse gas emissions and the country’s population. That could ensure that rich countries, which have the longest history of using of fossil fuels, pay the most to the fund.

Full article here [1]


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URLs in this post:

[1] London Guardian : http://www.guardian.co.uk/environment/2009/jun/07/international-flight-levy-un-climate-change

[2] Image: http://prisonplanet.tv/signup.html

[3] UN Talks Endorse $100 Billion Climate Aid Fund, Forest Protection Program: http://www.prisonplanet.com/un-talks-endorse-100-billion-climate-aid-fund-forest-protection-program.html

[4] UN, Soros Push Global Tax To Fight Man-Made Climate Change: http://www.prisonplanet.com/un-soros-push-global-tax-to-fight-man-made-climate-change.html

[5] Government impose ‘carbon capture levy’ to fund coal-fired power plants: http://www.prisonplanet.com/government-impose-%e2%80%98carbon-capture-levy%e2%80%99-to-fund-coal-fired-power-plants.html

[6] World Bank To Suggest Global Carbon Tax on Airline, Shipping Fuel (Paid by You): http://www.prisonplanet.com/world-bank-to-suggest-global-carbon-tax-on-airline-shipping-fuel-paid-by-you.html

[7] Obama Will Use Nixon-Era Law to Fight Climate Change: http://www.prisonplanet.com/jpm-hearings-sen-levin-is-it-common-to-change-your-pricing-practices-to-minimize-losses-ex-cfo-braunstein-no-obama-will-use-nixon-era-law-to-fight-climate-change.html

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