TRIBUNE CONTENT AGENCY • August 8, 2023
As wealth gets more concentrated in the hands of the global billionaire class, there has been a surge in consumer demand for luxury goods. In the last two decades, the private jet fleet has increased by 133%, from 9,895 planes in 2000 to 23,133 in mid-2022. On a planet experiencing disruptive climate change, private jet travel is one of the least defensible forms of luxury consumption. Private jets emit 10 to 20 times more carbon pollution per passenger than commercial airliners. We should steeply tax private jet travel and direct those funds toward climate mitigation and green infrastructure. A new bill introduced by U.S. Sen. Ed Markey, D-Massachusetts, the Fueling Alternative Transportation with a Carbon Aviation Tax Act of 2023, would do precisely this. The powerful private jet lobby will do everything in their power to block such common-sense legislative proposals, but luxury private jet travelers should pay the real financial and environmental costs of their luxury travel choices. ~ Chuck Collins, Program on Inequality, Institute for Policy Studies