TITLE:
Air Navigation & Tourism on Trial: Current Controversy into the EU Regulation
AUTHORS:
F. Javier Heredia Yzquierdo, Antonio Sánchez-Bayón
KEYWORDS:
Aviation, Emissions, Growth, International Controversy, Unilateral, Impact, Tourism, Market
JOURNAL NAME:
Modern Economy,
Vol.6 No.5,
May
26,
2015
ABSTRACT: The aviation industry is
a relevant part of the sizable tourism industry. The aviation industry has been
growing significantly and become a source of concern for skewing the GHGs policies.
The commercial aviation industry is international by its interconnected nature,
and it is regulated in an international forum of the UN, the ICAO. The ICAO is taking
the climate change problem into consideration but not acting in a specific manner.
These factors prompted the EU to incorporate the aviation industry to its ETS. There
was a significant international dispute about the matter and currently the situation
is on hold. One has to consider the wider ramifications for the global tourism industry.