IDEAS home Printed from https://ideas.repec.org/a/scn/00rbes/y2021i1p84-120.html
   My bibliography  Save this article

Система коммерциализации выбросов Евросоюза (EU ETS) и авиация: оценка эффективности системы торговли квотами на выбросы в Евросоюзе для сокращения выбросов от авиаперелетов // The EU ETS and Aviation: Evaluating the Effectiveness of the EU Emission Trading System in Reducing Emissions from Air Travel

Author

Listed:
  • A. Heiaas M.

    (Durham University Business School)

  • А. Хейас М.

    (Durham University Business School)

Abstract

Over the past 30 years, the aviation industry has seen record-breaking growth whilst enjoying exemptions from most taxes and VAT charges. Currently, the aviation sector is considered one of the fastest-growing greenhouse gas emissions sources. Attempting to reduce these emissions in a cost-effective manner, the EU decided in 2012 to include all flights entering and leaving the EU in their Emission Trading System (EU ETS). It was quickly changed to only include travel within the EU. Nevertheless, as the largest cap-and-trade system in the world, the purpose of the EU ETS is to control the growth of emissions by issuing pollution permit rights. The idea is that by setting an emission ceiling and allowing trade between sectors, emission abatement will happen where it is cheapest and easiest to do. This paper explores whether the EU ETS succeeded in reducing the aviation sector emissions over the period 2012–2018 by employing a General Synthetic Control model to estimate a counterfactual scenario. When using jet fuel consumption as a proxy for emissions, the results indicate that on average the EU ETS led to a 10 per cent increase in jet fuel consumption relative to a scenario where it was not implemented. However, the paper fails to conclude a causal relationship between EU ETS and jet fuel consumption due to drawbacks with the data. Nevertheless, it provides a starting point for future ex-post research concerned with aviation and carbon pricing in the European market. В настоящее время авиационный сектор считается одним из наиболее быстрорастущих источников выбросов парниковых газов. Пытаясь сократить эти выбросы рентабельным образом, Евросоюз в 2012 г. решил включить все рейсы, прибывающие и вылетающие из Евросоюза, в свою Систему коммерциализации выбросов (EU ETS). Идея ETS состоит в том, что, установив потолок выбросов и разрешив торговлю квотами между секторами, заниматься сокращением выбросов можно там, где это дешевле и проще всего сделать. В какой мере EU ETS, используя модель общего синтетического контроля для оценки противоположного сценария, удалось сократить выбросы авиационного сектора в 2012–2018 гг.? Результаты исследования свидетельствуют: при использовании расхода реактивного топлива как показателя выбросов применение ЕС ETS привело к 10%-ному увеличению расхода данного вида топлива по сравнению со сценарием, в котором он не был критерием.

Suggested Citation

  • A. Heiaas M. & А. Хейас М., 2021. "Система коммерциализации выбросов Евросоюза (EU ETS) и авиация: оценка эффективности системы торговли квотами на выбросы в Евросоюзе для сокращения выбросов от авиаперелетов // The EU ETS and Aviation," Review of Business and Economics Studies // Review of Business and Economics Studies, Финансовый Университет // Financial University, vol. 9(1), pages 84-120.
  • Handle: RePEc:scn:00rbes:y:2021:i:1:p:84-120
    as

    Download full text from publisher

    File URL: https://rbes.fa.ru/jour/article/viewFile/151/156.pdf
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:scn:00rbes:y:2021:i:1:p:84-120. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Алексей Скалабан (email available below). General contact details of provider: http://rbes.fa.ru/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.