Ryanair to increase charges to cover 'eco-looney tax'
Budget airline Ryanair will add a small charge to every passenger's costs after claiming new European emission cutting rules were 'loony'.
The Irish based airline is furious over the European Union Emissions Trading Scheme (EU ETS), which makes large organisations monitor and report emissions.
Big emitters, including airlines, also every year have to return an amount of emission allowances to the government that is equivalent to their CO2 emissions in that year.
The airline believes this 'new eco-looney tax' will cost it between €15m and €20m this year.
Ryanair, said today (January 12) it would introduce a €0.25 levy per passenger for all bookings made from next Tuesday (January 17).
Ryanair's head of communications, Stephen McNamara, said: "Ryanair does not believe European aviation should be included in the ETS scheme since it accounts for less than 2% of the EU's CO2 emissions.
"This latest EU stealth tax will damage traffic, tourism, European competiveness and jobs at a time when no other economic block is including aviation in their ETS schemes.
"This new ETS tax is the latest in a long line of cost increases imposed on Europe's air passengers by the European Union, which reduces the competitiveness of EU air transport with yet another misguided 'environmental' tax which does nothing for the environment but penalises EU consumers and families."