UK Airlines Face £434 Million A Year Cost Increases By 2030
British people who wish to use an airline to travel will face huge prices increases by 2030, thanks to new regulations about what the airlines must use for fuel
On June 22nd, The Telegraph reported:
UK airlines face a bill of more than £400m to meet a government mandate requiring them to use a green aviation fuel barely available anywhere in the world.
Rules requiring carriers to use a synthetic fuel made using renewable energy will cost carriers £434m a year by 2030, the International Air Transport Association (IATA) estimates.
That is despite the substance – known as electro-sustainable aviation fuel (e-SAF) – being virtually unobtainable, with just one refinery out of 600 worldwide currently producing it.
Under the UK requirement, airlines must begin using the synthetic fuel alongside regular SAF derived from waste cooking oil from 2028. They must then incorporate at least a 0.5pc mix into their total fuel uptake by 2030.
The cost of hitting this 0.5pc target will inevitably hit airlines’ bottom line, said IATA, either through the cost of purchasing the fuel or complying with relevant penalties.
Overall, airlines must use at least 10pc SAF by the same year – the toughest requirement anywhere in the world.
Preeti Jain, IATA’s head of net zero, described the e-SAF requirements as absurd.
“This is a classic example of what happens when you impose policies through a mandate without establishing the technology and the supply chain,” she said.
Marie Owens Thomsen, IATA’s chief economist, said Britain’s 2030 targets “are beyond unrealistic – they are utterly detached from reality”.
See the full Telegraph story here telegraph.co.uk
Let’s call it what it really is – a flight tax. How dare British people go on holiday abroad!
See more here notalotofpeopleknowthat
Bold emphasis added
Editor’s note: This is quite obviously intended to stop British people using air travel altogether, and if Andy Burnham gets to become our next PM, we can expect things to get even worse than they were under Starmer, as Burnham leans even further to the left.