Environmental Science
4 years ago

EU ETS fails to reduce aviation emissions, leading to increased jet fuel consumption.

Review of Business and Economics Studies
The EU ETS and Aviation: Evaluating the Effectiveness of the EU Emission Trading System in Reducing Emissions from Air Travel
A. M. Heiaas

Paper Summary

The EU tried to reduce emissions from air travel by including flights in their Emission Trading System. They wanted to see if this system actually worked. The results showed that, on average, the EU ETS led to a 10% increase in jet fuel consumption. However, the data had some issues, so it's not clear if the EU ETS caused this increase. This study sets the stage for more research on how carbon pricing affects aviation in Europe.

Related papers

Economics, Econometrics and Finance
8 years ago

Emissions trading scheme to transform Australia's transport sector, slashing greenhouse gas emissions.

Climate Policies
Rebound Effect
Life Cycle Assessment
1 view
Economics, Econometrics and Finance
3 years ago

Fossil Fuel Emissions Trading Scheme Offers Cost-Effective Climate Solution

Climate Policies
Rebound Effect
2 views
Economics, Econometrics and Finance
8 years ago

Farmers Profit from Emissions Trading, Boosting Climate Action

Climate Policies
Agricultural Policy
Discrete Choice
2 views