Here’s a summary of the Euronews article “Common sense solution: How taxes on yachts and private jets could fund climate action” in bullet points:

• Argument: The article argues that taxing luxury goods like yachts and private jets could be a “common sense solution” to fund climate action.
• Reasoning: These luxury items have a significant carbon footprint due to their fuel consumption.
• Benefits:
  • Tax revenue could be used to invest in renewable energy sources and sustainable technologies.
  • It could also support initiatives for climate adaptation and mitigation in developing countries.
• Public Opinion: Surveys suggest a majority of people support such taxes, considering them a fair way to hold high-emitting individuals accountable.
• Global Effort: The article suggests this approach could be adopted by various countries to have a more significant impact.

Read more at Euronews.