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Coasian economics and the management of international aviation emissions

Coasian economics and the management of international aviation emissions The recent decision by the EU Parliament supporting an emissions tax and subsequent carbon trading scheme for European airlines provides the structural foundation for an exploration of the role of Coasian economics in emissions abatements in the international aviation industry. The paper begins by outlining Pigouvian taxation in aviation and considers, from a business context, the potential reaction of international air transport operations. It is argued that the tenets underlying Coasian approaches to negotiated or bargained optimum pollution levels is an alterative lens through which emissions controls can be viewed, although such an approach is perhaps not entirely efficient due to the presence of significant transaction costs, complex regulatory environments governing access. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png International Journal of Innovation and Sustainable Development Inderscience Publishers

Coasian economics and the management of international aviation emissions

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Publisher
Inderscience Publishers
Copyright
Copyright © Inderscience Enterprises Ltd. All rights reserved
ISSN
1740-8822
eISSN
1740-8830
Publisher site
See Article on Publisher Site

Abstract

The recent decision by the EU Parliament supporting an emissions tax and subsequent carbon trading scheme for European airlines provides the structural foundation for an exploration of the role of Coasian economics in emissions abatements in the international aviation industry. The paper begins by outlining Pigouvian taxation in aviation and considers, from a business context, the potential reaction of international air transport operations. It is argued that the tenets underlying Coasian approaches to negotiated or bargained optimum pollution levels is an alterative lens through which emissions controls can be viewed, although such an approach is perhaps not entirely efficient due to the presence of significant transaction costs, complex regulatory environments governing access.

Journal

International Journal of Innovation and Sustainable DevelopmentInderscience Publishers

Published: Jan 1, 2006

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