New EU climate proposals to include a social fund and plans to end the aviation tax exemption on kerosene fuel

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A new trading scheme for transport and heating emissions, the end to aviation’s tax exemption on kerosene fuel and a target for all new cars in the EU to be zero emissions by 2035 are to form part of a new suite of climate proposals due to be launched by the European Commission this week.

The new emissions trading scheme for heat and transport would mean an effective standardisation of carbon pricing across EU…