The global airline industry has long warned passengers they’ll eventually have to pay some of the $5 trillion cost of decarbonizing air travel. The moment has come.
Singapore’s government has announced a tax on air fares to fund purchases of pricey sustainable aviation fuel, while neighboring Malaysia has authorized carriers to charge people
In Europe, airlines this year lose one quarter of their free emissions allowance, the first in a series of reductions that’s already estimated to be adding to ticket prices.
“We’ve entered a new era,” said
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