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| Author: | Carsson, F. Hammar, H. |
| Title: | Incentive-based regulation of CO2 emissions from international aviation |
| Journal: | Journal of Air Transport Management
2002 : NOV, VOL. 8:6, p. 365-372 |
| Index terms: | Environmental economics Pollution control Aviation fuel Pollution charges |
| Freeterms: | Greenhouse gases International aviation Tradable emission permits |
| Language: | eng |
| Abstract: | The authors explore the possibilities of using incentive-based environmental regulations than so-called command-and-control regulations such as emission limits or technology standards. The authors find that an emission charge and a tradable emission permit system in which the permits are auctioned have more or less the same characteristics. The main advantage of a tradable emission permit system is that the effect is known. The choice of regulation is a political decision and it does not seem likely an environmental charge or a tradable emission permit system would be implementedwithout consideration of the costs of the regulation. Revenue-neutral charges or gratis distribution of permits would, for this reason, be realistic choices of regulations. |
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