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How Much Can Carbon Taxes Contribute to Aviation Decarbonization by 2050

Rosa Maria Arnaldo Valdés (), Victor Fernando Gomez Comendador () and Luis Manuel Braga Campos ()
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Rosa Maria Arnaldo Valdés: School of Aerospace Engineering, Universidad Politecnica de Madrid, Plaza Cardenal Cisneros N 3, 28040 Madrid, Spain
Victor Fernando Gomez Comendador: School of Aerospace Engineering, Universidad Politecnica de Madrid, Plaza Cardenal Cisneros N 3, 28040 Madrid, Spain
Luis Manuel Braga Campos: Centro de Ciencas e Tecnologias aeronauticas e Espaciais, Instituto Superior Técnico Lisboa, 1049-001 Lisboa, Portugal

Sustainability, 2021, vol. 13, issue 3, 1-13

Abstract: Aviation emissions from 2016 to 2050 could consume between 12% and 27% of the remaining carbon budget to keep global temperature rise below 1.5 °C above preindustrial levels. Consequently, aviation is being challenged to immediately start to reduce its in-sector emissions, then sharply reduce its CO 2 emissions and fully decarbonize toward the second half of this century. Among the analyses carried out within the Horizon 2020 project PARE—Perspectives for Aeronautical Research in Europe, this paper tackles the potential role of climate change levy schemes in achieving the ambitious objective of aviation decarbonization by the year 2050.

Keywords: aviation; decarbonization; climate; levy; taxes (search for similar items in EconPapers)
JEL-codes: Q Q0 Q2 Q3 Q5 Q56 O13 (search for similar items in EconPapers)
Date: 2021
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