They passed new regs for shipping and transportation designed to reduce pollution and decarbonize shipping. But guess what was expected? Anything under 5000 gross tons ....which means all the rich boys toys.....yachts! And previously private jets....another fuel guzzling toy of the wealthy....was exempted.
Couldn’t get part on yachts to paste but had a funny line about “Europe’s aged oligarchs can inviten5beir 20-yr-old Russian mistresses onto their yachts!”
No wonder Greta’s new catch phrase is “bla, bla, bla!”.
Last summer, we reported that the European Commission - that murder of career bureaucrats - has proposed exempting private jets, the one most polluting form of transportation, from the planned EU jet fuel tax. A draft indicated that the tax would be phased-in for passenger flights, including ones that carry cargo. Private jets will enjoy an exemption through classification of "business aviation" as the use of aircraft by firms for carriage of passengers or goods as an "aid to the conduct of their business", if generally considered not for public hire. It gets better: a further exemption is given for "pleasure" flights whereby an aircraft is used for "personal or recreational" purposes not associated with a business or professional use.....
www.zerohedge.com
Couldn’t get part on yachts to paste but had a funny line about “Europe’s aged oligarchs can inviten5beir 20-yr-old Russian mistresses onto their yachts!”
No wonder Greta’s new catch phrase is “bla, bla, bla!”.
Last summer, we reported that the European Commission - that murder of career bureaucrats - has proposed exempting private jets, the one most polluting form of transportation, from the planned EU jet fuel tax. A draft indicated that the tax would be phased-in for passenger flights, including ones that carry cargo. Private jets will enjoy an exemption through classification of "business aviation" as the use of aircraft by firms for carriage of passengers or goods as an "aid to the conduct of their business", if generally considered not for public hire. It gets better: a further exemption is given for "pleasure" flights whereby an aircraft is used for "personal or recreational" purposes not associated with a business or professional use.....
Zerohedge
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