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Airlines to Pay Millions Extra This Year as Free Emission Rights Lapse
Summary by NL Times
2 Articles
2 Articles
KLM, Corendon and TUI received hundreds of millions in free emission rights, but that is about to change.
·Netherlands
Read Full ArticleAirlines to pay millions extra this year as free emission rights lapse
This year, airlines will either have to invest heavily in sustainability or pay tens of millions of euros extra in emission rights. Until now, they’ve received many free emission rights - intended to give airlines financial room to improve their sustainability - but those lapse this year. KLM expects to spend some €325 million per year on emission rights by 2030, NOS reports.
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Total News Sources2
Leaning Left0Leaning Right1Center0Last UpdatedBias Distribution100% Right
Bias Distribution
- 100% of the sources lean Right
100% Right
R 100%
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