No carbon compo for airlines: carbon price of $25/tonne is 2 per cent; similar to inflation

Australia's Low Pollution Future White Paper told Skywest Airlines, the Regional Aviation Association, Virgin Blue and Qantas, they had to pay the carbon Virgin Blue estimated emissions intensity of aviation to be around 800 tonnes of CO2-e per million dollars of revenue (Submission 461, p. 2). At a carbon price of $25 per tonne of CO2-e, this represented approximately a 2 per cent increase in the cost of air travel, which is broadly similar to the general level of inflation in the consumer price index in any given year.