BAA chief warns against flying tax - Financial Director

BAA chief warns against flying tax - Financial Director: "BAA chief warns against flying tax

AccountancyAge.com, Accountancy Age, 03 Oct 2006
Airport operator boss says tax will damage economy

ADVERTISEMENTThe chief executive of airport operator BAA has warned that a green tax on flying will damage the economy and will not have the desired effect on the environment.
Speaking at the Conservative Party conference yesterday Stephen Nelson claimed a carbon emissions trading scheme was the best option for mitigating the environmentally damaging effects of flying.
‘A tax to price people out of flying would not deliver the required environmental result. It would also damage people's quality of life,’ Nelson said.
According to Nelson, an emissions trading scheme would be both effective and popular.
Support is growing for a further tax on flying with airplanes accounting for 2% of global carbon emissions, which is expected to rise to 15% by 2050, The Guardian reported."