The impact of the European union emissions trading scheme on US aviation

Journal of Air Transport Management

Volumn 19, Issue 1, 2012, Pages 36-41

  Malina, Robert ^a,c   McConnachie, Dominic ^a   Winchester, Niven ^b   Wollersheim, Christoph ^a   Paltsev, Sergey ^b   Waitz, Ian A ^a  

^a Massachusetts Institute of Technology   (United States)

^b MASSACHUSETTS INSTITUTE OF TECHNOLOGY   (United States)

^c UNIVERSITY OF MÜNSTER   (Germany)

Author keywords

Carbon emissions trading; European air transport policy; US airline industry

Indexed keywords

AIR TRANSPORTATION; CARBON EMISSION; ECONOMIC IMPACT; EMISSIONS TRADING; EUROPEAN UNION; TRANSPORTATION POLICY;

UNITED STATES;

EID: 84856173072     PISSN: 09696997     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jairtraman.2011.12.004     Document Type: Article

References (24)

1. Albers S., Bühne J.A., Peters H. Will the EU-ETS instigate airline network reconfigurations?. Journal of Air Transport Management 2009, 15:1-6.
2. Alexeeva-Talebi V. Cost pass-through of the EU emissions allowances: examining the European petroleum markets. Energy Economics 2011, 33(S):75-83.
3. Baumol W., Swanson D.G. The new economy and ubiquitous competitive price discrimination: identifying defensible criteria of market power. Antitrust Law Journal 2003, 70(3):661-685.
4. Damodaran A. US Operating and Net Margins by Industry Sector 2011, Available at:, (accessed 04.08.11.). http://people.stern.nyu.edu/adamodar/New_Home_Page/data.html.
5. European Energy Exchange EU Emission Allowances, Prices and Trading Volumes 2011, Available at:, (accessed 20.06.11.). http://www.eex.com/en/Market%25Data/Trading%25Data/Emission%25Rights.
6. European Union Directive 2003/87/EC of the European Parliament and of the council of 13 October 2003 establishing a scheme for greenhouse gas emission allowance trading within the Community and amending Council Directive 96/61/EC. Official Journal of the European Union, L 2003, 275:32-46.
7. Flottau J., Schofield A., Francis L. China Threatens Europe on Emissions Trading. Aviation Week and Technology 2011, Available at:, (accessed 13.07.11.). http://www.aviationweek.com/aw/generic/story.jsp?id=news/awst/2011/06/13/AW_06_13_2011_p26-333814.xml&channel=comm.
8. Forsyth P. The Impact of Climate Change Policy on Competition in the Air Transport Industry 2008, Department of Economics, Monash University, Discussion paper No. 2008-18. Melbourne.
9. Goulder L.H., Hafsetad M.A.C., Dworsky M. Impacts of alternative emissions allowance allocation methods uder a federal cap-and-trade-program. Journal of Environmental Economics and Management 2010, 60:161-181.
10. Grubb M., Brewer T.L., Sato M., Heilmayr R., Fazekas D. Climate Policy and Industrial Competitiveness: Ten Insights from Europe on the EU Emissions Trading System 2009, The German Marshall Fund of the United States.
11. IATA (International Air Transport Association) World Airport Transportation Statistics 2010, Geneva and Montreal. 54th ed.
12. ICAO/CAEP (International Civil Aviation Organization/Committee on Aviation Environmental Protection) NOX Stringency Cost-Benefit Analysis Demonstration using APMT-Impacts 2010, 8th Meeting, 1-12 February 2010, Montréal, Canada.
13. Kincaid I., Tretheway M. Estimating Air Travel Demand Elasticities, Final Report Prepared for IATA 2007, InterVISTAS, Vancouver.
14. Lee J., Lukachko S., Waitz I., Schaefer A. Historical and future trends in aircraft performance, cost, and emissions. Annual Review of Energy Economics 2001, 26:167-200.
15. MVA Consultancy Aviation Environmental Portfolio Management Tool (APMT): APMT-Economics, Algorithm Design Document (ADD) 2009, London.
16. Organization for Economic Cooperation and Development Purchasing Power Parities for GDP and Related Indicators, OECD Database 2011, Available at:, (accessed 21.05.11.). http://stats.oecd.org/Index.aspx.
17. Paltsev S., Reilly J., Jacoby H.D., Eckaus R.S., McFarland J., Sarofim M., Asadooria M., Babiker M. The MIT Emissions Prediction and Policy Analysis (EPPA) Model: Version 4, MIT Joint Program on the Science and Policy of Global Change 2005, Report No. 125, Cambridge, MA.
18. US Department of Transportation Show Cause Order, Docket DOT-OST-2008-0252 2010, Washington D.C.
19. US Department of Transportation Air Cargo Summary Data, Bureau of Transportation Statistics 2011, Available at:, (accessed 03.07.11.). http://www.transtats.bts.gov/freight.asp.
20. US Department of Transportation Air Carrier Financial Data: Schedule P-1.2, Bureau of Transportation Statistics 2011, Available at:, (accessed 15.07.11.). http://www.transtats.bts.gov/Fields.asp?Table_ID=295.
21. US-ICAO/GIACC (International Civil Aviation Organization/Group on International Aviation and Climate Change) US Fuel Trends Analysis and Comparison to GIACC/4-IP/1 2009, Fourth Meeting of the Group on International Aviation and Climate Change. Montreal.
22. US Office of Management and Budget Regulatory Analysis, Circular A-4 2003, Washington, DC.
23. Williams-Derry C., de Place E. Why Free Allocation of Carbon Allowances Means Windfall Profits for Energy Companies at the Expense of Consumers 2008, Sightline Research Backgrounder, February 2008, Seattle.
24. Winchester N., Wollersheim C., Clewlow R., Jost N.C., Paltsev S., Reilly J., Waitz I.A. The Impact of Climate Policy on US Aviation, PARTNER Report Series 2011, Report No. PARTNER-COE-2011-001, Cambridge, MA.