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Time for carbon neutrality and other emission reduction measures at European airports
Author(s) -
Falk Martin Thomas,
Hagsten Eva
Publication year - 2020
Publication title -
business strategy and the environment
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 2.123
H-Index - 105
eISSN - 1099-0836
pISSN - 0964-4733
DOI - 10.1002/bse.2444
Subject(s) - carbon neutrality , aviation , reduction (mathematics) , hazard , business , environmental economics , renewable energy , economics , engineering , mathematics , geometry , chemistry , organic chemistry , aerospace engineering , electrical engineering
Since 2009, one out of five European airports participate in carbon dioxide (CO 2 ) reduction programmes, although only 8% of them are certified as CO 2 neutral. This study aims to examine empirically internal as well as external factors of importance for airport participation in emission reduction programmes at different levels of involvement. Estimates of the Cox proportional hazard model based on almost 600 airports for the period 2009 to 2017 reveal that the likelihood and timing of participation increase with the size of the airport (number of passengers), independent of level of commitment. Performance (growth in number of passengers) and if the airport is part of a group are crucial for the advanced levels of the programme. Environmental progress at the country level is also a significant predictor, most distinctly represented by renewable electricity generation, whereas airports serving as hubs for low‐cost airlines are less likely to enter the carbon reduction programmes.