The ECJ Judgment on the Extensions of the ETS to Aviation: An Economist's Discontent
Few EU decisions have caused more international outcry than the extension of the EU Emissions Trading System (ETS) to apply to aviation. The directive was legally challenged by US airlines before a UK court, which referred the case to the European Court of Justice (ECJ) for a preliminary ruling concerning the compatibility of the directive with international law. This paper discusses the argumentation by the ECJ and the Advocate General from an economic perspective. Such an analysis is warranted in light of the fact that the contested measure is an economic regulation, the international laws that are invoked have clear economic objectives, and the ECJ judgment and the opinion by the Advocate General at least partly rely on economic concepts and mechanisms. An economic analysis also seems warranted from a legal point of view since the quality of the judgment and of the opinion presumably depend on the soundness of their economic reasoning. It is found that the argumentation by the legal authorities is highly questionable in important parts, when viewed from an economic perspective.
Aviation and climate change
We describe the current status of knowledge regarding the contribution of aviation to anthropogenic climate forcing. The emissions and associated radiative forcings from aviation are compared to those from other modes of transport. The different analytical metrics used to quantify climate forcing are presented showing their relevancies and uncertainties. The discussion then focuses on the use of radiative forcing, one of the most commonly used metric, in accounting for the climate change contribution from aviation with a particular look at how the contribution from CO2 and non-CO2 greenhouse gases can be compared.
France in the Middle Ages 987-1460 : from Hugh Capet to Joan of Arc
Translatora s Note. Foreword. List of Illustrations. List of Genealogical Tables. Part I: The Inheritance: . 1. The Empire. 2. The Frankish People. 3. The Principalities. 4. Disturbances. Part II: Lordship:. 5. The Village. 6. The Castle. 7. The Church. 8. King and Lord. Part III: Origins of State and Nation:. 9. The Great Age of Progress. 10. Louis VII. 11. Philip Augustus. 12. The South. 13. The Thirteenth Century. 14. The Fourteenth Century. 15. The Maid of Orleans. Epilogue. Chronology. Bibliography. Index.