Can you own a private jet if you care about climate change?
INTERNATIONAL – For many people, private jets seem like an extravagance.
But for busy executives and celebrities, the time savings, convenience, and extra security they offer make them more of a necessity.
Lately, however, they’ve come with an added cost: eco-guilt. Younger generations are putting pressure on their wealthy parents and grandparents to consider their family’s contribution to global warming, says Darren Kelland, who handles the affairs of ultrahigh-net-worth clients at Hawksford, a financial-services company based on Jersey, one of the U.K.’s Channel Islands. He recalls that one client’s daughter wouldn’t let her father purchase a private jet without a plan to offset its emissions.
Source: iol.co.za
