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Is this the end of cheap Europe flights? France proposes EU-wide minimum price (www.forbes.com.au)

submitted 11 months ago by [email protected] to c/[email protected]

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[–] [email protected] 5 points 11 months ago

all this will do is make it so low income people can’t travel, and not really affect the rich

It can change the relative attractiveness of competing travel modes.

If currently plane costs 30 and train costs 50, the economic incentive is to take the plane. If then plane costs 70 and train still costs 50, the incentive switched to taking the train.

It will also mean people who could affort 30 but cannot afford 50 (or 70) will not travel at all, right. But for those who still travel, train has become financially more attractive compared to plane. Both effects are a win for the climate.

A proper tax & dividend scheme would have solved both issues. Tax carbon (no exemptions), refund per capita.