Tourism Economics

Over the last several years, the issue of climate change has been continually brought to the forefront. This is because a variety of scientific evidence is highlighting the damage that CO2 emissions are causing to the environment. In the case of Australia's tourism industry these challenges are more severe. As they want to protect the various natural resources that are adversely being impacted by these transformations (i.e. The Great Barrier Reef, the Australian Alps and Outback). Yet, the introduction of a carbon tax will have an adverse impact on the sector with tourism operators expected to see a decrease in revenues from -.7% to -1.2% annually. This is challenging, as it is creating divisions about how this will affect the economy and job creation. To fully understand the short- and long-term implications requires focusing on a number of areas to include: examining why the government is implementing these...
[ View Full Essay]