The House of Representatives is expected to begin debate in the next few weeks on a sweeping new energy bill that would call for new aircraft emissions and fuel standards, reports the April 21 issue of The Weekly of Business Aviation. The debate will come from the April 17 Environmental Protection Agency Friday proposal to declare that climate change is a risk to public health and welfare.
The All Things Aviation blog takes a cynical view of President Barak H. Obama saying that “the rich will finally pay their fair share and help middle class Americans recover from the economic crisis.” The blog points out how negatively the 1991 effort to raise taxes on high-priced items, including corporate aircraft and yachts, affected the economy.
Speaking of corporate aircraft, an article in Barron’s magazine is warning companies thinking of dumping their jets to pause before making that move. A year-long analysis of the travel schedules of chief executives of major corporations, made by the VanAllen Group management-consulting firm, showed that executives lose three hours, on average, for each airline leg they fly compared to the time it would take to complete the same trips using business jets.