You can just fine the companies rather than incentivising them to run empty planes.
Better yet, institute a proper carbon tax and either a carefully thought-out market for slots and/or fines.
Better yet, institute a proper carbon tax and either a carefully thought-out market for slots and/or fines.
- The collected fine will not be used to undo the damage to the market/competitors.
- The fine won't ever exceed the profits gained by the company because of the infringement. Or else the company will contest it as unfair.
That's why you read "EU fines Google with 5 billion" and Google doesn't really care. They will go through the moves of pretending they care, maybe try to shave off part of the fine, but at the end of the day, it's business as usual.
5 billion might be an acceptable loss for Google. 50 billion might not be.