
Private flights have boomed since the pandemic. Are taxpayers picking up the tab?
CBSN
When the COVID-19 pandemic brought air travel to a halt three years ago, one segment of the travel sector boomed: private jet travel, a super-luxe mode of transportation enjoyed by a fraction of the world's wealthiest people.
Private travel is the definition of exclusivity. The typical private-jet owner has a net worth of $190 million, according to a report from the Institute for Policy Studies released Monday. Yet the number of private flights hit a record high last year, the left-leaning think tank found, causing an alarming increase in carbon emissions.
Indeed, while flying creates more carbon emissions than any other form of transportation, private jets are the worst of the worst. A person flying on a private plane emits 10 to 20 times as much carbon pollution as a commercial airline passenger, according to Transport & Environment, a European clean-transport group.

The U.S. military scrambled fighter jets Saturday to intercept three civilian planes flying near President Trump's Mar-a-Lago estate in Palm Beach, Florida, according to the North American Aerospace Defense Command (NORAD). All three aircraft had violated temporary flight restrictions in the area, the command said.

Warren Buffett rarely gives interviews. But also rare is his friendship with the late, trailblazing publisher of the Washington Post, Katharine Graham. "If there's any story that should be told, it should be her story," he said. "If I was a young girl, I'd want to hear that story. It would change my self-image.