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.
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