EU considers tax on jet fuel

The European Commission is working towards a new energy taxation directive that is expected to include a tax on kerosene jet fuel using in aircraft. EU finance minister met over the weekend and are reported to be broadly supportive of the proposal, according to the Financial Times. The aviation fuel tax forms part of proposals that seek to tax fossil fuels more heavily to help the bloc meet its commitment to reduce EU carbon emissions by 55 per cent over the next decade and net zero by 2050. All 27 EU member states will need to approve the final legislation if