Airbus and an association of more than a dozen airlines are working together to finance a new carbon capture project.
Their hope is that Carbon Engineering’s direct carbon capture technology can provide secure and verifiable carbon removal credits as part of aviation’s need to offset some of its future emissions.
The partnership includes Air Canada, Air France-KLM, easyJet, International Airlines Group (the parent company of British Airways, Iberia, Air Lingus and Vueling), LATAM Airlines Group, Lufthansa Group (including Swiss, Austrian, Brussels and the Eurowings brands) and Virgin Atlantic.
The deal is currently an early-stage partnership, based on letters of intent, and the airlines have “committed to engage in negotiations on the possible pre-purchase of durable, verified carbon removal credits from 2025 through 2028.” .
The group member is carbon engineering who have pioneered direct airborne carbon capture and storage that can cancel enterprise-level carbon emissions at scale.
At a basic level, their facilities use high-power fans to draw in air, process it, then compress it into a liquid and store it in underground geological reservoirs.
The deal is intended to cover a pre-purchase total of some 400,000 metric tons of removal credits. Airbus partner 1PointFive, a subsidiary of Occidental Petroleum’s Low Carbon Ventures business, will issue the carbon credits starting in 2025.
“The letter of intent that we signed today with Airbus represents the collaborative approach that the aviation industry has initiated to find effective solutions that respond to the challenge of our environmental transition,” said Air France-KLM Vice President of Sustainability. Fatima da Gloria de Sousa. “Only together can we tackle the climate emergency.”
“On a small scale, it’s the technology that has been proven,” he said. Stan Schparberg, director of marketing for Airbus. “Now we basically need to expand it.”
SIMILARY: Researchers pull carbon from the sky and turn it into instant jet fuel, reshaping aviation forever
Some of the most extreme weather researchers and forecasters suggest that the only way to avoid multi-trillion in damage from weather-related disasters is to actively remove carbon from the atmosphere; that simply slowing down the issuance process is no longer enough.
In addition to storing carbon underground, Carbon Engineering can use as much carbon as it wants to make carbon-based products like fuels. Other companies have tried concepts of removing carbon from the air and turning it into vodka, or even fragrance.
Some estimates put the primarily CO2 global emissions footprint of the aviation industry at just under a billion metric tons, or about 2.4% of all human activities.
READ ALSO: Engineers turn water into zero-carbon jet fuel using solar radiation
However, the advantage of carbon capture is that emissions can be offset from any activity anywhere and at any time in history.
Several companies are already working on these large direct airborne carbon capture and storage facilities, with one in Iceland already in operation that takes the emissions from 870 cars and turns them into calcium carbonate minerals among metamorphic rocks deep in the ocean. subsoil.
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