Joby Aviation, JetBlue Airways and Signature Flight Support have joined forces to ensure the carbon markets for aviation include the generation of credits for flights powered by green electric and hydrogen propulsion technologies.
Announcing the effort on Tuesday (July 13), the trio said they want to forge a new path toward net-zero emissions in the aviation industry that will incentivise the rapid commercialisation of clean propulsion systems.
To achieve the above, the parties will define a framework for the creation, validation and eventual use of the proposed new credits on aviation carbon markets, including identifying a third party to oversee and validate transactions.
All heavily involved in the aviation sector, the group recognise that operations using hydrogen and electric population technologies are in their nascent stages, but in the near term such operations will begin to reduce emissions in the short-haul category on a per-seat-mile basis.
Already demonstrating how airline operators can decarbonise aviation, in 2020, JetBlue became the first US airline to achieve carbon neutrality for all of its domestic flights through the purchase of carbon offsets from solar, wind and forestry projects all across the globe.
Commenting on the credit plans, JoeBen Bevirt, founder and CEO of Joby Aviation, said, “With JetBlue and Signature, we’re opening up an entirely new path for the aviation industry to more quickly move to sustainable energy sources.
“We invite additional partners to join us and hope these agreements will be the first of many that link today’s air travel to the clean future of flight.”
Sara Bogdan, Head of Sustainability and Environmental Social Governance at JetBlue, added, “This partnership allows JetBlue to not only continue to fulfill our domestic carbon neutrality commitment, but also evolve the type of offsets we purchase and help support the development of electric and hydrogen aviation — critical levers for meeting the US aviation industry’s net-zero goals.”
Tony Lefebvre, CEO at Signature Flight Support, concluded, “Signature has long been the leader in moving the business aviation community towards a sustainable future. Today, we offer our customers the option to offset emissions at airports where SAF isn’t readily available with a book-and-claim model.
“We’re excited to expand that model through this partnership to include the purchase of electric aviation credits from clean operators like Joby — all while supporting the innovative spirit that brings us closer every day to making flight sustainable for everyone.”
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