The fundamentals of environmental regulation of aviation: a focus on EU emissions trading scheme
Efthymiou, MarinaORCID: 0000-0001-8611-5973
(2021)
The fundamentals of environmental regulation of aviation: a focus on EU emissions trading scheme.
Aeronautics and Aerospace Open access Journal, 5
(1).
pp. 9-16.
ISSN 2576-4500
Air transportation is contributing to economic prosperity, facilitating growth particularly
in developing countries. The main objective of the paper is to give an overview of the
fundamentals of environmental regulation of the aviation industry and provide a
comprehensive analysis of the European Union Emissions Trading Scheme (EU ETS).
A functional comparative analysis of the existing environmental regulations and policies
in the aviation industry with reference to welfare economics literature review provides a
more solid understanding of the policy differences in terms of objectives, efficiency and
enforcement measures.