EU Court Says Private Jets Now Count As ‘Green’ Investments

An EU court has said the manufacture of private jets can’t be excluded from a list of activities deemed to be environmentally sustainable, fuelling concerns about the greenwashing of the emissions of the super-rich.

The list, intended to provide an ⁠overview of green investments, previously excluded aircraft for private or commercial business aviation due to their high emissions compared with other forms of transport following a 2023 decision by the European Commission.

The court argued that the 2023 ruling was made with a number of errors, including that other modes of transport couldn’t necessarily be seen as low-carbon alternatives as they “lack the flexibility and speed” of private jets.