Southwest Airlines invests $30 mln in SAF producer LanzaJet
Southwest Airlines has announced a strategic $30 million investment in sustainable fuel firm LanzaJet as part of a strategy to develop a sustainable aviation fuel (SAF) production facility in the US.
Read MoreSouthwest Airlines unveils ‘Nonstop to Net Zero’ sustainability strategy to help decarbonise operations by 2050
Southwest Airlines has announced a comprehensive new sustainability strategy, titled ‘Nonstop to Net Zero’, taking another step towards its commitment to achieving carbon neutrality by 2050.
Read MoreTwo major airlines eye multi-year carbon credit agreements
Two major airlines are eyeing multi-year agreements to acquire carbon credits, potentially bucking an industry trend that has seen several carriers recently shy away from offsets as a decarbonisation solution.
Read MoreNew York state pension fund negotiates climate agreements, invests $2 bln in climate index fund
A New York state retirement fund announced Tuesday that it had reached climate-related agreements with several companies within its portfolio, while also boosting its investments in a climate index fund by another $2 billion.
Read MoreBritish Airways owner IAG inks deal to secure almost 1 bln litres of SAF over 14 years
International Airlines Group (IAG) has agreed to buy almost a billion litres of sustainable aviation fuel from a California-based producer, bringing the British Airways owner a third of the way to reaching its 2030 SAF goal.
Read MoreVCM Report: Carbon credit demand boosted as oil major returns to the market
Large volumes of REDD avoided deforestation changed hands at rock bottom prices last week amid the continued fallout from the negative press coverage about the sector, while demand in general was lifted by the reappearance of an oil major in the market retiring a large volume of credits.
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