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Taxation is a blunt instrument, IATA chief Willie Walsh says: ‘The carrot is far more effective than the stick’
The aviation industry requires more carrot and less stick going forward to become more sustainable, according to the director general of the International Air Transport Association. Speaking at CNBC’s Sustainable Future Forum on Friday, Willie Walsh was asked if subsidies and tax breaks to encourage investments into cleaner energy were more effective than firms or consumers being taxed for emitting higher levels of carbon (www.cnbc.com) More...
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Pretty obvious... the title pretty much says it all.
This is as obvious as “water is wet”, whatever you do don’t tell the shindig at Sharm El-Sheikh who are busy working out how many new taxes they can invent.
I fly as little as possible.
