China launches pilot programme for sustainable aviation fuels
China has launched a pilot programme for sustainable aviation fuel (SAF), with the first batch of flights carried by domestic airlines refuelled with green fuels this month, the country’s aviation regulator announced Thursday.
Read MorePacific flag carrier hitting the sweet spot for SAF
One of the Pacific’s largest airlines has announced a partnership with a sugar company and major development bank to develop sustainable aviation fuel (SAF).
Read MoreAirline passengers willing to pay extra 11% to offset flight emissions, survey finds
Airline passengers are increasingly willing to accept additional costs and time commitments to reduce the environmental impact of their flights, for example paying an extra 11% for offsets, according to a new survey.
Read MoreBrazilian state creates working groups to pursue ART TREES eligibility
The Brazilian state of Acre unveiled two technical working groups on Thursday to help align its jurisdictional REDD (J-REDD) framework with the ART TREES standard, one of only two voluntary crediting programmes approved for the UN CORSIA aviation offsetting scheme.
Read MoreVCM Report: Signs of life as traders mop up cheap Southern Cardamom carbon credits
Liquidity and some voluntary carbon prices started to edge higher last week in the over-counter-market amid rising chatter of deal talk and corporate orders.
Read MoreANALYSIS: Voluntary, regulated carbon markets need each other, but solving the supply bottleneck will take years
Voluntary and regulated carbon markets need one another, international stakeholders told a World Bank-convened event this week, but creating the right investment conditions to scale supply and blur the lines between the two forms of pricing mechanisms will take years.
Read MoreUS renewable fuels producer purchases ethanol plant, CCS facility for $210 mln
A US-based renewable fuels producer said Thursday that it has completed a $210 million acquisition of an ethanol plant in North Dakota that will be used to produce sustainable aviation fuel (SAF).
Read MoreAirlines ‘suffering’ from lack of CORSIA carbon credit clarity, says aviation executive
Airlines are struggling due to a lack of clarity with CORSIA, the UN’s international aviation offsetting scheme, according to an executive at a German aviation group.
Read MoreMalawi ITMO carbon credits trade at $10.25, retired the same day
Clean cooking ITMO credits from a project in Malawi were bought on a trading platform this week and retired the same day, underlining demand for the burgeoning sovereign carbon market.
Read MoreQantas tweaks its carbon strategy as tightening credit, SAF supply seen as ongoing risk
Australian airline Qantas sees both opportunities and risks in its ongoing reliance on carbon credits as it looks to scale up its sustainable aviation fuel (SAF) intake, according to its 2024 sustainability report published Thursday.
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