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International Air Travel and Greenhouse Gas Emissions: A Proposal for an Adaptation Levy 1
Author(s) -
Hepburn Cameron,
Müller Benito
Publication year - 2010
Publication title -
world economy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.594
H-Index - 68
eISSN - 1467-9701
pISSN - 0378-5920
DOI - 10.1111/j.1467-9701.2010.01287.x
Subject(s) - greenhouse gas , aviation , climate change , adaptation (eye) , economics , natural resource economics , climate finance , air travel , emissions trading , developing country , finance , economic growth , engineering , ecology , physics , optics , aerospace engineering , biology
(1287) Cameron Hepburn and Benito Müller Greenhouse gas emissions from international aviation services have been increasing rapidly and are likely to continue to do so in the absence of major policy changes. At the same time, while all countries will experience impacts from climate change, developing countries are the most vulnerable. Significant financial assistance for adaptation is therefore needed for developing countries, but current proposals are inadequate. Solutions to the challenges of both aviation greenhouse gas emissions and climate change adaptation finance are thus urgently required. This paper proposes an international air travel adaptation levy that addresses both problems.