One of the biggest challenges facing the tourism industry is carbon dioxide emissions resulting from the greenhouse gases emitted from aviation indispensable for tourism. Thus, governments have introduced emission permits trading to the aviation industry. However, as this is in the introductory stages, it is unclear how this environmental policy will influence tourism and the environment and whether the policy can contribute to the decarbonisation of the aviation industry. Using an R&D-based growth model considering aviation for tourism, this study investigates how introducing emissions permit trading in aviation influences tourism-led growth and sustainable tourism. Domestic tourism aviation, and not international tourism aviation, was considered because it is estimated that the former short-distance aviation movements emit more greenhouse gases than the latter. The findings demonstrate that fewer permits lead to sustainable tourism despite a generous permit allocation for the manufacturing sector if the goal of tourism-led growth is excluded. This is because the policy improves environmental quality and results in a trade-off between tourism consumption and the economic growth rate. For a generous permit allocation in aviation, the policy leads to decreased tourism consumption and pollution-intensive aviation. These findings imply that emissions permit trading between the aviation and manufacturing sectors inhibits the compatibility of tourism-led growth and sustainable tourism. Finally, this study suggests that sustainable tourism could be realised when manufacturing countries such as Germany and the UK increase aviation permits, while tourism countries such as Spain and Italy decrease aviation permits.

旅游业所面临的最大挑战之一是旅游业必不可少的航空业排放的温室气体所产生的二氧化碳排放量。因此，政府已经向航空业引入了排放许可证交易。但是，由于尚处于入门阶段，因此尚不清楚该环境政策将如何影响旅游业和环境，以及该政策是否可以促进航空业的脱碳。本研究使用考虑到航空业用于旅游业的基于研发的增长模型，研究了在航空业引入排放许可交易如何影响旅游业主导的增长和可持续旅游业。国内旅游航空，而不是国际旅游航空，之所以考虑这一点是因为据估计，前者的短途航空运动比后者排放的温室气体更多。调查结果表明，如果不考虑旅游业带动的增长目标，尽管制造业部门分配了慷慨的许可证，但导致可持续旅游业的许可证较少。这是因为该政策提高了环境质量，并导致了旅游消费与经济增长率之间的权衡。对于航空中的慷慨许可证分配，该政策导致减少了旅游消费和污染密集的航空。这些发现表明，航空业和制造业之间的排放许可交易阻碍了旅游业带动的增长与可持续旅游业的相容性。最后，