Joby Aviation, Signature Flight Support and JetBlue Airways Corp team up to develop aviation carbon credits

In a statement electric air taxi startup Joby Aviation, Signature Flight Support and JetBlue Airways Corp said, they are partnering to develop aviation carbon credits for using electric and hydrogen propulsion technologies.

The move, aligned with the U.S. aviation industry’s goal to achieve net-zero carbon emissions by 2050, includes the companies deciding on how the credits will be created, validated and used in the aviation carbon market.

Earlier this year in May, U.S. lawmakers planned on introducing a bill that aimed to create a tax credit for lower-carbon sustainable aviation fuel, which they hope will slash emissions of greenhouse gases from the aviation industry.

“This partnership allows JetBlue… evolve the type of offsets we purchase and help support the development of electric and hydrogen aviation — critical levers for meeting the U.S. aviation industry’s net-zero goals,” said Sara Bogdan, JetBlue’s head of sustainability and environmental social governance.

The trio went on to add, “electric and hydrogen propulsion technologies are in their nascent stages, operations using those technologies will begin to reduce emissions in the short-haul category on a per-seat-mile basis”.



Categories: Creativity, Economy & Finance, Entrepreneurship, HR & Organization, Regulations & Legal, Strategy, Sustainability

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