xCruzo
|
Olive Press News Spain

Spain wants private jet and fossil fuel tax to fight wildfires

✦ xCruzo 🇺🇸🇪🇸
📄 Read Article
Spain wants private jet and fossil fuel tax to fight wildfires
Browse hubs:CarsAviationMarineMoneySports
xCruzo Brief

Spain is urging the EU to tax private jets and fossil fuel company profits to fund a Europe-wide wildfire response and wider climate resilience measures. The Ministry for Ecological Transition, led by Sara Aagesen, has submitted a document to EU climate commissioner Wopke Hoekstra proposing a permanent climate emergency response system, including a dedicated European aerial firefighting fleet. The plan follows Spain’s hottest summer on record, with temperatures 2.5°C above the seasonal average, and a severe wildfire season, including an Almería blaze that killed 14 people. Spain wants two funding mechanisms: a tax on luxury flights and a climate resilience tax on oil and gas profits. It also calls for binding adaptation targets and a public-private insurance model with climate risk bonds, citing €822 billion in extreme-weather losses since 1980.

xCruzo quick-read summary • Source: Olive Press News Spain • Read the full article for complete information.
📄 Read Full Article →
xCruzo xCruzo
See your VIN Report in 15 seconds — Free
1 in 5 cars has an open recall. Is yours one of them?
Not the dealer’s report. Yours.
Choose your detail level — free to full.
For the price of a coffee.
Check My VIN — Free
Free · No credit card · Instant results
Link copied ✓