By Paul Homewood
h/t Ian Magness
A few more billion to add to the cost of Net Zero:
From the Telegraph:
Labour’s “flight tax” on airlines will add more than £50 to the cost of a family holiday within a decade, analysis shows.
Net zero rules introduced by Sir Keir Starmer mean planes must be filled with at least 2 per cent sustainable fuel, which will rise to 10 per cent followed by 22 per cent by 2040.
The Sustainable Aviation Fuel (SAF) mandate means airlines that do not comply with the green policy face heavy fines likely to be passed on in part to passengers.
Costs associated with the new levy are expected to reach £4.5 billion by 2035, according to a new analysis by Public First.
This works out at £12.79 per passenger per flight leaving the UK, adding £51.16 to the average overseas holiday taken by a family of four.
The impact of the policy is expected to hit Britons as soon as 2027, with its cost hitting £200 million in that year.
Full story here.
SAF costs around seven times as much as conventional aviation fuel, so either way passengers will foot the bill.
I don’t remember the Labour Party manifesto telling us about this £4.5 billion bill they want us all to pay!
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Author: Paul Homewood
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