Morris Plains, NJ, Dec. 19, 2021 (GLOBE NEWSWIRE) — In the past two years, there has been a seismic shift in how individuals and companies think about their impact on the environment. It is widely accepted that movement toward a low-carbon world, as quickly as possible, is of critical importance. This cannot happen overnight. For most industries, including aviation, this is an enormous challenge.
Air transport is a vital feature of our modern, globalized world, but decarbonising the aviation business model requires systemic changes and consumers are increasingly worried about the impact flying has on climate change.
At the 2021 United Nations Climate Change Conference (COP26), 23 nations, including the U.K. and U.S., formed the International Aviation Climate Ambition Coalition, which aims to:
- Reduce aviation CO2 emissions in line with the Paris Agreement, to limit the global average temperature increase to 1.5C
- Support the adoption of an ambitious goal toward net zero CO2 emissions by 2050
- Ensure the maximum effectiveness of the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA—discussed below)
- Promote the development and deployment of sustainable aviation fuels (SAF), which will cut emissions by up to 80%
- Promote the development and deployment of innovative low- and zero-carbon aircraft
However, these aims must run in parallel with doing what we can today, and carbon offsetting is an immediate and measurable way for individuals and businesses to take responsibility for their current carbon footprint whilst on their journey to net zero.
What Is Carbon Offsetting?
Carbon offsetting is an important part of an effective climate or carbon management strategy to offset, or balance, the residual emissions that cannot currently be reduced.
When an activity like air travel produces CO2 emissions, these emissions can be offset by preventing or reducing a similar amount of emission elsewhere. This compensation can be performed by airlines,…
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