Joby, JetBlue team up to create credits for clean flight technology

Electric air taxi startup Joby Aviation, JetBlue Airways Corp and Signature Flight Support are teaming up to develop aviation carbon credits for using electric and hydrogen propulsion technologies, the companies said Tuesday. The move, which aligns with the US aviation industry’s goal to achieve net-zero carbon emissions by 2050, includes the companies deciding on how the credits will be created, validated and used in the aviation carbon market. US lawmakers in May planned to introduce a bill that would create a tax credit for lower-carbon sustainable aviation fuel, which they hope will slash emissions of greenhouse gases from the aviation industry. “This partnership allows JetBlue... evolve the type of offsets we purchase and help support the development of electric and hydrogen aviation — critical levers for meeting the US aviation industry’s net-zero goals,” Sara Bogdan, head of sustainability and environmental social governance at JetBlue, said.<br/>
Reuters
https://www.reuters.com/article/idUSKBN2EJ2JI
7/14/21