Airlines are looking to turn the blue skies green.

JetBlue this week became the first U.S. airline to announce plans to go carbon-neutral on all of its domestic flights by buying so-called "carbon offsets."

While the flightpath to a truly zero-emissions plane remains years away – the first all-electric commercial aircraft, a battery-powered four-seater, just took its first test flight near Vancouver last month – JetBlue plans to invest in green projects designed to absorb or avoid the greenhouse gas emissions being produced by the airline's 1,000 daily flights.

The idea is that for every ton of carbon produced by the airline's jets, JetBlue will invest in forestry programs, gas-capture mechanisms, and renewable energy projects that will essentially "offset" the planes' greenhouse gases. Domestic and international flights generated about 2.4 percent of the world's energy-related carbon dioxide emissions in 2018, soaring 26 percent from just five years earlier.

"We can't eliminate the emissions and pollution coming out of the tailpipes of our airplanes, but we can find solutions on the ground, like supporting solar and wind farms and capturing methane pollution from a landfill," Sophia Mendelsohn, JetBlue's head of sustainability, said in an interview with Cheddar. "When we do that, we essentially get a credit that offsets your flight."

The announcement came two months after the European budget carrier EasyJet became the world's first airline to declare that it would offset all of its emissions. Airlines are facing heightened scrutiny on the climate impacts of air travel and the rise of so-called "flight shame," much of it precipitated by, or at least attributed to, Swedish teenage climate activist – and Time person of the year – Greta Thunberg.

"The airline industry knows that they have a carbon problem, they've known it for a long time, and they have started working on a solution to it," said Annie Petsonk, international counsel for the Environmental Defense Fund and an expert on sustainability efforts in the aviation sector. "In the face of Greta Thunberg, the airlines are really scrambling."

With few technologies yet available to replace flights – especially for long-haul travel – offsets offer a relatively easy and, notably, inexpensive way for airlines to show that they're addressing fliers' concerns. That has spurred some experts to question whether such schemes go far enough.

"For flyers, who have very limited control over emissions from their flight, I consider personal offsetting reasonable. For airlines, which control every lever available to limit emissions – they buy the planes, fuel them, route them, pilot them, fill them – I consider offsets to be basically kicking the can down the road," Dan Rutherford, program director for marine and aviation at the International Council on Clean Transportation, wrote in an email to Cheddar. "The focus should be on reducing emissions through improved operations, more fuel-efficient aircraft and engines, and clean fuels starting today."

The airplane maker Airbus, for example, announced last fall that it plans to examine "vortex surfing," where long-haul aircraft draft off one another to cut fuel consumption and carbon emissions by as much as 10 percent. But testing the program, getting sign-offs from regulators, and implementing it, will likely take years; the U.S. Air Force nixed a similar idea after testing it in 2013 due to logistical challenges.

"There are not near-term, off-the-shelf technology solutions to reducing emissions from aviation," Petsonk said. "For people who fly, what do they have in the interim? If they can have high-quality offsets that are not double-counted, that's better than not."

Double-counting is one of the main concerns with carbon offset schemes. The programs aren't new, but they can be opaque – and, without the right accounting mechanisms or safeguards, can actually make emissions worse by allowing polluters to mask just how much heat-trapping gas their factories and vehicles are generating.

The United Nations' Clean Development Mechanism, for example, which became the central carbon-offset regime in Europe, failed to reduce the vast majority of emissions, largely because the same credits could be counted for multiple emissions sources.

"Some of those projects were good, some of those projects were very bad, but it's very much true that under that approach, one bad apple spoiled the bunch, because on the surface the programs look the same," said Peter Miller, director of the Western Region of the Climate and Clean Energy Program at the Natural Resources Defense Council.

There is little to no domestic regulation of carbon offsets, although international organizations and verification regimes have emerged to certify various offset programs. JetBlue, in its description of its carbon offset investment, meanwhile said that it would avoid double-counting by ensuring that each carbon credit it buys has "a unique serial number." Environmental advocates and experts say that they're encouraged – with qualifications.

"JetBlue's announcement is very significant, but there is this proof-in-the pudding question," Petsonk said.

The move should cheer business travelers in particular – or, viewed another way, may have been designed with business travelers in mind. While most fliers seem to be guided by ticket price alone, companies whose employees frequently travel often negotiate lower fares with airlines in exchange for loyalty or exclusivity agreements. As those companies have faced new pressure from younger employees to address climate change, they've in turn put the screws to airlines.

"Companies are getting increasingly asked by their employees, 'What is our company doing about climate change?' So they go to their airlines and say, 'What are you doing about emissions?'" Petsonk said. "We think there is tremendous potential in this sector, and airlines can drive that innovation by demanding lower-emitting flights and, in the interim, until they can get there, by offsetting."

Share:
More In Business
White House Unveils $2 Billion Plan to Shore Up U.S. Food Supply Amid Shortages, Food Insecurity
The White House is earmarking $2.1 billion to help secure the nation's food supply, amid widespread shortages due to the pandemic, Russia's war in Ukraine, and rising inflation. The Biden administration's plans are expected to shore up food infrastructure and distribution while also aiding farmers. Bread for the World Senior International Policy Advisor Abiola Afolayan joined Cheddar News' Closing Bell to discuss.
Fed's Quantitative Tightening Begins as Americans Deal With Historically High Inflation
Concerns about economic growth are weighing down sentiment on Wall Street, as investors also monitor the uncertain impact of the Federal Reserve's quantitative tightening - the process of reducing its $9 trillion balance sheet it built up over the course of the pandemic. The Fed's QT is meant to normalize monetary policy while bringing down inflation, something the White House calls a 'top economic priority.' As Americans cope with higher prices for everyday essentials, Treasury Secretary Janet Yellen admitted that she was wrong about inflation being 'transitory,' as extenuating factors have caused inflation from the pandemic to worsen. JPMorgan CEO Jamie Dimon also weighed in on inflation and the state of the economy, warning investors to brace for a so-called economic 'hurricane' due to impacts from inflation and Russia's war in Ukraine. The still-tight job market is putting pressure on the economy as well, as the latest JOLTS report shows job openings in the U.S. are down from record highs but remain high.
Biden, Powell Meet on Economy, Inflation as Americans Grapple With Historically High Prices
President Biden and Federal Reserve chair Jerome Powell meet at the White House today for the first time since Powell's renomination to the position. The President and the Fed Chair discussed the economy and historically high inflation, as new data shows inflation may be cooling slightly. Morning Consult economic analyst Jesse Wheeler joins Cheddar News' Closing Bell to discuss how the Biden administration at the U.S. central bank can work together to combat soaring prices for American consumers.
Stocks Bounce Back as Nasdaq Jumps More Than 2%
Gene Goldman, Chief Investment Officer at Cetera, joins Cheddar News' Closing Bell, where he breaks down the reasons behind Thursday's bounce-back performance on Wall Street. Goldman also provides a dose of investing advice, highlighting the sectors he's favoring right now.
Stocks Close Lower Amid Economic Fears
David Scranton, CEO and Founder of Sound Income Strategies, joins Cheddar News' Closing Bell, where he provides his insight into why markets ended Wednesday's session lower and hones in on what he's looking for when it comes to the Fed combating inflation.
Mint House Raises $35 Million to Transform Hospitality
Tech-enabled residential hospitality company Mint House recently raised $35 million in a Series B round led by Mohari Hospitality. Mint House was described by one of its backers as 'the best of a hotel without the worst of a hotel, and the best of an Airbnb without the worst of an Airbnb.' Mint House offers apartment-style lodging across the country. The company claims its spaces combine the comfort of a home with the luxury of a hotel in order to give guests all of the perks and none of the tradeoffs. Will Lucas, Founder and CEO of Mint House, joins Cheddar News' Closing Bell to discuss.
Microsoft Lowers Q4 Guidance, Citing Unfavorable Foreign Exchange Rate
As the broader tech sector faces continued headwinds, Microsoft in particular is slashing its fourth quarter outlook for another reason: the strength of the dollar. Why is it that a strong dollar is negatively impacting tech giants? And what should investors keep in mind? Tim Lesko, director and senior wealth advisor at Mariner Wealth Advisors, joins Closing Bell to discuss.
Load More