This paper empirically studies how emission pricing affects capital replacement and adoption of embodied environmental technology. A pricing policy encourages firms to accelerate retirement of old capital assets and replace them with newer more efficient assets, but this may crowd out...

Using annual data on individual US airlines over the 1995-2015 period, this paper presents regression results relating an airline's total fuel usage to seven variables: the available ton miles of capacity (passengers plus freight and mail) provided by the airline; the average seat capacity of its...

Die hohen Wachstumsraten im internationalen Luftverkehr und das zunehmende Bewusstsein von Klimaveränderungen haben den öffentlichen und politischen Druck auf die Luftverkehrsgesellschaften erhöht, ihre Treibhausgasemissionen in Zukunft deutlich zu reduzieren. Investitionen in moderne,...