Taxation is a blunt instrument, says IATA chief Willie Walsh

Taxation is a blunt instrument, says IATA chief Willie Walsh

The aviation industry needs more carrots and less sticks to become more sustainable, according to the director general of the International Air Transport Association. Speaking at CNBC’s Sustainable Futures Forum on Friday, Willie Walsh was asked whether subsidies and tax breaks to encourage investment in cleaner energy were more efficient than businesses or consumers. taxed …

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