Airline fuel consumption is costly for the firms and for society as well due to a climate-change externality. We study how fuel price changes affect cost-minimizing choices by airlines that have implications for the extent of this externality. The airline industry's capital stock can be easily...

The transportation sector is one of the largest sources of greenhouse gases (GHGs) emissions in the United States. This study identifies scenarios for dramatically reducing future GHG emissions from the US transportation sector, specifically from light-duty vehicles (LDVs), by phasing in ammonia...