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1 Figure 2: Illustration of the dependent variable

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1

Figure 2: Illustration of the dependent variable

Notes: AT: Austria; BE: Belgium; CY: Cyprus; DK: Denmark; EE: Estonia; FI: Finland; FR: France; DE: Ger- many; HU: Hungary; IE: Ireland; LT: Lithuania; LU: Luxembourg; NL: The Netherlands; PL: Poland; SI: Slo-

venia; SK: Slovakia; SE: Sweden. Only governments shown that are included in analysis model.

100: Based on an emission level closer to the start date of the regulation CY, EE, HU, LT, PL, SI, SK

What are governments’ positions on the total CO2 emission allowances for the aviation industry?

Left Right

22: 95% of the 2005-07 annual average emissions

DE

Position 0:

Annual average of 2004-06 emissions

AT, BE, DK, FI, FR, IE, LU, NL, SE

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