Private jets are awful for the climate. It’s time to tax the rich who fly in them

By | August 10, 2023

Sen. Edward J Markey writes:

The climate crisis is not in transit, it’s arrived at the gate. It’s in our skies, our water, and our land – with record-shattering heat waves, increasingly severe wildfires and flooding from superstorms and rising seas.

We have no time for delays. Tackling this crisis and protecting frontline environmental justice communities will take all of us. And the tax-dodging ultra-wealthy need to stop fueling the problem and start supporting first-class solutions.

That’s why, this July, I introduced the Fueling Alternative Transportation with a Carbon Aviation Tax (Fatcat) Act with Congresswoman Nydia Velázquez.

Private air travel is the most energy-intensive form of transportation. For each passenger, private jets pollute as much as 14 times more than commercial flights and 50 times more than trains. Despite their sky-high emissions, private air travel is taxed considerably less than commercial air travel.

My legislation changes that. Because the 1% should not get a free ride while destroying our environment.

At the moment, billionaires and the ultra-wealthy are getting a bargain, paying less in taxes each year to fly private and contribute more pollution than millions of drivers combined on the roads below. Just one hour of flying private negates the climate benefits of driving an electric car for an entire year. That is unfair and it is unacceptable. [Continue reading…]

Follow by Email
Visit Us
Follow Me