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
Stocks Close at Session Lows as Investors Digest Inflation, Earnings
Stocks closed at session lows Thursday, with the major indexes falling slightly for the shortened trading week. The S&P 500 fell 2.1% for the week, the Dow Jones Industrial Average fell 0.8%, and the tech-heavy Nasdaq fell 2.6%. Investors continue to keep a close eye on inflation data, as well as earnings. Nancy Tengler, Chief investment Officer at Laffer Tengler Investments, joins Closing Bell to discuss today's close, inflation, how the Fed will handle rising prices, earnings, and more.
U.S. Stocks Close Lower After Consumer Prices Jump 8.5%
The major U.S. indexes closed Tuesday off of session lows as investors digest the latest read on inflation, showing it remains hot. Wall Street is also preparing for earnings from big banks and monitoring potential policy moves from the Federal Reserve. Peter Tuchman, a stock trader at TradeMas, joins Cheddar News' Closing Bell and highlighted tech stocks in particular. 'The tech sector, which led us to record highs before the 1st of this year, are now the ones that are leading us lower,' he said.
Streaming Services Score Big with Live Sports — But Will Viewers Win Too?
The competition between streaming platforms is heating up as Apple TV+, HBO Max, and others acquire the rights to air live sports, oftentimes behind an exclusive paywall. While this is likely to entice some viewers, it also presents a risk that viewership will become fractured. Customers might steer away from subscription overload as content streaming options become seemingly endless. Jeff Agrest, deputy sports editor and media columnist at the Chicago Sun-Times, joins Closing Bell to discuss what it means for the live sports industry when content is put behind a paywall on streaming platforms, how it could impact viewership, impact on sports betting, potential acquisition targets, and more.
Coca-Cola Teams With Bill Nye for Its World Without Waste Initiative
The Coca-Cola Company is teaming up with science education personality Bill Nye as part of its World Without Waste Initiative to describe the bottle-to-bottle plastic recycling process through a vividly animated, stop-motion short film. Christine Yeager, director of sustainability at The Coca-Cola Company, North America, joined Cheddar News to talk about their initiative and the partnership. "We really wanted to partner with someone who can help us make recycling relatable, but also has a very um respected voice in the climate change space," she said.
Dan Ives Foresees That Elon Musk 'Ultimately Ends Up Owning Twitter'
Billionaire Elon Musk made waves after revealing he's making an attempt at a hostile takeover of the social media platform Twitter. The Tesla CEO is offering $43 billion to buy the social media platform outright with "freedom of speech" allegedly at the forefront of his agenda. Dan Ives, managing director of equity research at Wedbush Securities, is taking the tech entrepreneur seriously. "I think through many twists and turns over the coming months, he ultimately ends up owning Twitter because Twitter's board, their back is going to be against the wall," he said.
Consumers Dig Deeper Into Wallets as Retail Sales Rise Amid High Gas Prices
Retail sales grew 0.5 percent in March, largely being attributed to the rise in gas prices. Jharonne Martis, director of consumer research at Refinitiv, joined Cheddar News to discuss why consumer confidence has remained strong despite high prices. "What's holding on the consumer is the strong employment market that we have right now in the United States, which is one of the strongest we had in a very long time. If consumers feel that they are secure in their job, they're going to continue to spend," she said. However, Martis noted that signs that consumer spending is slowing down are already visible as well.
Absolut Vodka Brings Coachella to the Metaverse
Ann Mukherjee, the chairman and CEO of Pernod Ricard North America, joined Cheddar News to talk about Absolut Vodka’s decade-long partnership with the music festival Coachella. Perno Ricard's vodka brand has built the virtual world Absolutland in the Decentraland metaverse for users to explore. "We actually have a vending machine where you can actually purchase the cocktails that will be delivered right to your home," she said. The brand will also be featuring festival headliner Swedish House Mafia.
Here's What to Do if You Miss the Tax Day Deadline
The tax deadline in the U.S. is on April 18 this year, and some filers may still not be able to complete their return by then. Cheddar has partnered with Jackson Hewitt to let you know what you can do should you blow the deadline.
What You Need to Know Ahead of Tax Day on April 18
With tax day just five days away, David Ragland, Certified Financial Planner, Certified Divorce Financial Analyst and Chief Executive Officer of IRC Wealth joined Cheddar's Opening Bell to break down everything you need to know ahead of the upcoming tax deadline.
Load More