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Economy, Energy

“EU agrees to decarbonize air travel with the ‘world’s largest green fuels mandate for aviation’”

“European Union negotiators secured a deal to decarbonize the air travel sector, seeking to slash heat-trapping emissions by stimulating the region’s green aviation fuel market.

The agreement on the so-called ReFuelEU Aviation proposal followed late night talks on Tuesday and was reached by the European Parliament and the Council. It must now be approved by EU countries to become law, which is typically a formality.

The new rules are set to require aviation fuel suppliers to supply a minimum share of sustainable aviation fuels — or SAF — at EU airports, starting at 2% of overall fuel supplied by 2025. This will rise to 6% by the end of the decade, before climbing to 70% by 2050…”

https://www.cnbc.com/2023/04/26/air-travel-eu-agrees-to-the-worlds-largest-green-fuels-mandate.html

All investors listen closely. It’s money making time. If this becomes law Air line stocks and businesses will tank. Pretty much its a guarantee to short the market and make money. Simply put this will kill the market. How will you fly without jet fuel? The answer is you won’t. You will fly less.

Now the elite will fly as much as they want but you useless eaters [A.K.A. the general public] will fly less because it’s good for the earth.

One comment on ““EU agrees to decarbonize air travel with the ‘world’s largest green fuels mandate for aviation’”

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Let me add here this is my long term take. In the short term if this law passes stocks may pop because people will keep struggling to fly despite higher prices. But over the long run less people will fly. It’s a economic barrier of entry.

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