CORSIA

Global Crossing Airlines Partners with Karbon-X to Further Commit to Sustainable Air Travel

Retrieved on: 
Tuesday, November 14, 2023
Carbon, Air travel, CO2, NEO, CORSIA, ECO, Partnership, Aviation, JET, Letter, Travel, ESG, Airline, Renewable energy

MIAMI, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Global Crossing Airlines Group, Inc. (JET: NEO; JET.B: NEO; JETMF: OTCQB) (the “Company” or “GlobalX”) is proud to announce a strategic partnership with Karbon-X, a leading carbon offset provider, to advance its commitment towards sustainable and environmentally-friendly air travel.

Key Points: 
  • MIAMI, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Global Crossing Airlines Group, Inc. (JET: NEO; JET.B: NEO; JETMF: OTCQB) (the “Company” or “GlobalX”) is proud to announce a strategic partnership with Karbon-X, a leading carbon offset provider, to advance its commitment towards sustainable and environmentally-friendly air travel.
  • At current operation levels, Karbon-X will be supplying GlobalX with approximately 83,000 CORSIA certified offsets annually over the course of the agreement.
  • "Our partnership will not only help offset emissions but will also raise awareness on the importance of sustainable travel."
  • Both companies are excited about the positive change this partnership promises and remain committed to ensuring a greener future for air travel.

EcoEngineers Achieves ISO Accreditation From ANAB, Elevates Assurance and Continuous Improvement in GHG Verification

Retrieved on: 
Monday, December 18, 2023
Oil, Gas, Coal, Automotive Manufacturing, Aerospace, Energy, Climate Change, Sustainability, Manufacturing, Nuclear, Consulting, Professional Services, Environment, Environmental Health, Other Energy, Utilities, Engineering, Carbon, The Climate Registry, International Organization (journal), TCR, Isometric, Organization, LCFS, International Organization for Standardization, CFR, ISO/IEC, Risk, Greenhouse, VCM, ISO, Accreditation, Data collection, American National Standards Institute, RFS, Eco, Malaysian Qualifications Agency, ANSI, GHG, Outline, VVB, Greenhouse gas, Audit, CORSIA

The specific scope of accreditation granted to EcoEngineers is: Verification of assertions related to GHG emission reductions and removals at the project level for project activities under ANAB scope 01.

Key Points: 
  • The specific scope of accreditation granted to EcoEngineers is: Verification of assertions related to GHG emission reductions and removals at the project level for project activities under ANAB scope 01.
  • This accreditation allows EcoEngineers to provide organizations and their stakeholders, including board members and investors, with the assurance, credibility, quality, rigor, and continuous improvement they need to reduce risk.
  • Additionally, this assurance will support a GHG project’s ability to substantiate its GHG statements.
  • “Attaining this accreditation is a natural next step for EcoEngineers,” added Randy Prati, vice president, strategic initiatives at EcoEngineers.

Textron Aviation announces new SustainableAdvantage carbon offset program for Cessna, Beechcraft and Hawker owners

Retrieved on: 
Monday, December 11, 2023
Other Automotive, Environmental, Social and Governance (ESG), Defense, Green Technology, Other Energy, Environment, Other Defense, Oil, Gas, Alternative Energy, Energy, Insurance, Finance, Automotive, Environmental Health, Professional Services, Other Transport, Air, Transport, Sustainability, Chemicals, Plastics, Automotive Manufacturing, Aerospace, Manufacturing, Carbon, AOG, Aviation, NYSE, Beechcraft, Multimedia, European, Annual report, ETS, Aircraft, Textron Aviation, Textron, ESG, Hawker, CORSIA

Textron Aviation today announced a new ProAdvantage program, SustainableAdvantage ℠, to provide owners with an additional option for reducing their carbon dioxide emissions from operating aircraft.

Key Points: 
  • Textron Aviation today announced a new ProAdvantage program, SustainableAdvantage ℠, to provide owners with an additional option for reducing their carbon dioxide emissions from operating aircraft.
  • “Owners have increasingly become interested in solutions that mitigate the carbon footprint of operating their aircraft,” said Brad White, senior vice president, Global Parts and Programs, Textron Aviation.
  • “SustainableAdvantage provides them the opportunity to have a seamless option to offset their carbon emissions through a Textron Aviation approved program and supplier.”
    Textron Aviation will administer SustainableAdvantage as part of its easy-to-use array of ProAdvantage programs and connect owners to 4AIR.
  • SustainableAdvantage will offer owners the option to offset their aircraft emissions footprint with 4AIR’s Bronze Level.

ACX launches biofuels physical trading platform in ADGM, Abu Dhabi

Retrieved on: 
Tuesday, November 28, 2023
Carbon, Aviation biofuel, Abu Dhabi Global Market, FSRA, UCO, ACX, International Sustainability Alliance, International Energy Agency, ISCC, Biofuel, RIE, SAF, ICAO, Biodiesel, POME, CORSIA, HVO, Aviation, Growth, Publishing, Transport, Architecture, Renewable energy

This latest expansion is a major step forward in biofuels markets as it marks the first time that a regulated trading platform is available to trade 24/5 to support these markets.

Key Points: 
  • This latest expansion is a major step forward in biofuels markets as it marks the first time that a regulated trading platform is available to trade 24/5 to support these markets.
  • Introducing a trading platform for physical biofuels with innovative trading features, complements existing electronic windows where already over 3 million metric tonnes of biofuels are traded per year in Europe.
  • Some of the contracts, particularly FOB Northwest Europe, will be aligned to existing window-traded products, enabling a natural arbitrage," said Henri-Jean Bardon, Director of Biofuels Platform at ACX.
  • ACX is also introducing the first global physical SAF biofuels contract to facilitate trading upon the introduction of aviation fuel sustainability mandates in Europe that is starting January 1, 2025.

ACX launches biofuels physical trading platform in ADGM, Abu Dhabi

Retrieved on: 
Tuesday, November 28, 2023
Carbon, Aviation biofuel, Abu Dhabi Global Market, FSRA, UCO, ACX, International Sustainability Alliance, International Energy Agency, ISCC, Biofuel, RIE, SAF, ICAO, Biodiesel, POME, CORSIA, HVO, Aviation, Growth, Publishing, Transport, Architecture, Renewable energy

This latest expansion is a major step forward in biofuels markets as it marks the first time that a regulated trading platform is available to trade 24/5 to support these markets.

Key Points: 
  • This latest expansion is a major step forward in biofuels markets as it marks the first time that a regulated trading platform is available to trade 24/5 to support these markets.
  • Introducing a trading platform for physical biofuels with innovative trading features, complements existing electronic windows where already over 3 million metric tonnes of biofuels are traded per year in Europe.
  • Some of the contracts, particularly FOB Northwest Europe, will be aligned to existing window-traded products, enabling a natural arbitrage," said Henri-Jean Bardon, Director of Biofuels Platform at ACX.
  • ACX is also introducing the first global physical SAF biofuels contract to facilitate trading upon the introduction of aviation fuel sustainability mandates in Europe that is starting January 1, 2025.

Azzera Announces General Availability of CELESTE

Retrieved on: 
Tuesday, October 3, 2023
Software as a service, EBACE, Sunderland, SAF, Aviation, Human, GHG, Carbon, Entrepreneurship, Cryptocurrency, Renewable energy, Operation, CORSIA

MONTREAL, Oct. 3, 2023 /PRNewswire-PRWeb/ -- Azzera, a leader in providing sustainability solutions for business aviation, today announced the commercial launch of Azzera CELESTE. The subscription-based model will launch on October 18.

Key Points: 
  • MONTREAL, Oct. 3, 2023 /PRNewswire-PRWeb/ -- Azzera, a leader in providing sustainability solutions for business aviation, today announced the commercial launch of Azzera CELESTE.
  • "Since introducing CELESTE at EBACE earlier this year, we have made rapid strides in product development," says Puja Mahajan, CEO and Co-Founder, Azzera.
  • "As an Azzera CELESTE beta tester, we were impressed with its emissions measurement and compliance management capabilities," adds Johan Maertens, Co-CEO, ASL Group.
  • "Utilizing Azzera CELESTE during its beta phase was transformative for our operations," shares Frans Dechaene, Director of Operations, FLYINGGROUP.

ICE to Launch CORSIA Carbon Credit Futures Market to Manage Emissions Exposure from Airlines

Retrieved on: 
Thursday, September 21, 2023
Environmental Health, Data Management, Technology, Sustainability, Environmental, Social and Governance (ESG), Environment, Other Professional Services, Fintech, Other Energy, Other Transport, Finance, Green Technology, Banking, Air, Energy, Transport, Professional Services, Other Technology, Software, Networks, Carbon, ACR, Carbon Offsetting and Reduction Scheme for International Aviation, EU, International Civil Aviation Organization, ICE, Policy, Intercontinental, Regional Greenhouse Gas Initiative, Verra, CAA, Gold standard, Intercontinental Exchange, ICAO, RGGI, Western Climate Initiative, UK, NYSE, Airline, Renewable energy, CORSIA

CORSIA is the first global market-based carbon credit scheme, targeted at reducing emissions from international aviation.

Key Points: 
  • CORSIA is the first global market-based carbon credit scheme, targeted at reducing emissions from international aviation.
  • CORSIA is part of a basket of policy measures taken by the ICAO and allows airline operators to offset an amount of carbon dioxide emissions by retiring carbon credits.
  • Initially, ICE’s futures contract will only support CORSIA eligible carbon credits issued by the American Carbon Registry (ACR), which is currently one of two ICAO-approved carbon credit programs.
  • The CORSIA contract follows the launch in 2022 of ICE’s range of nature-based carbon credit futures contracts.

LoCI Controls Generates Industry-First Voluntary Carbon Credits from Environmental Attribute Pilot Projects

Retrieved on: 
Thursday, September 21, 2023
Carbon, ACR, Electricity, Locus, Global warming potential, EPA, Alliance for Telecommunications Industry Solutions, Climate change, ICAO, Orangi Pilot Project, CORSIA, Biophysical environment, Methane, CO2, Natural gas, Renewable energy, Health

WAREHAM, Mass., Sept. 21, 2023 /PRNewswire/ -- LoCI Controls, Inc., the leader in real-time data and control technology to increase methane capture and reduce emissions from landfills, today announced the creation of industry-first carbon credits from methane emission reduction projects at two municipal solid waste landfills. Credits issued from these projects can be used in compliance markets, such as ICAO's CORSIA, as well as towards voluntary climate commitments.

Key Points: 
  • Credits issued from these projects can be used in compliance markets, such as ICAO's CORSIA, as well as towards voluntary climate commitments.
  • LoCI worked with two municipal landfills and independent electricity generating facilities to create the recently issued carbon credits.
  • LoCI's second carbon credit pilot project ran at a municipal solid waste landfill in North Carolina.
  • The team at LoCI is excited and ready to build on our recent pilot projects, incentivizing landfills to reduce emissions."

TRANSPORTATION COALITION URGES TREASURY TO UPHOLD CONGRESSIONAL INTENT FOR SUSTAINABLE AVIATION FUEL CREDIT MODELING REQUIREMENTS

Retrieved on: 
Wednesday, September 13, 2023
Carbon, Carbon Offsetting and Reduction Scheme for International Aviation, NATSO, IRS, Department of the Treasury, Average revenue per user, Internal Revenue Service, SAF, International Council, NACS, Aviation, 40B, Environmental Defense Fund, Environmental policy of the Joe Biden administration, Transport, IRA, International, Organization, Congress, Treasury, Inflation, National Association of Convenience Stores, SIGMA, Convenience, Biofuel, Elgin v. Department of Treasury, Inflation Reduction Act of 2022, National Motor Freight Traffic Association, Letter, National Association, Environment, American Trucking Associations, CORSIA

ALEXANDRIA, Va., Sept. 13, 2023 /PRNewswire/ -- NATSO, representing America's travel centers and truck stops, SIGMA; America's Leading Fuel Marketers, and a diverse coalition representing fuel retailers, distributors, and consumers of advanced renewable fuels, urged the Internal Revenue Service (IRS) and Department of Treasury to uphold Congressional intent and subject sustainable aviation fuel (SAF) to more stringent lifecycle greenhouse gas emissions modeling requirements under the 40B and 45Z tax credits enacted under the Inflation Reduction Act (IRA).

Key Points: 
  • The Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) modeling requirements for SAF are a fundamental underpinning of the statutory framework that Congress created for biofuels within the IRA.
  • The IRA stipulates that the value of a SAF tax credit depends upon the reduction of SAF lifecycle greenhouse gas emissions.
  • "Supply will diminish, and diesel prices will rise along with the price of all consumer goods that move by truck.
  • Inviting industry to disregard CORSIA would represent an affirmative decision by the Biden Administration to increase diesel emissions and increase fuel prices.

NATSO, SIGMA URGE IRS TO ADOPT STRINGENT LIFECYCLE GREENHOUSE GAS MODELING REQUIREMENTS FOR SUSTAINABLE AVIATION FUEL (SAF)

Retrieved on: 
Tuesday, August 8, 2023
Carbon, Carbon Offsetting and Reduction Scheme for International Aviation, NATSO, IRS, Average revenue per user, Internal Revenue Service, SAF, International Council, Government Affairs Institute, Aviation, Environmental Defense Fund, Environmental policy of the Joe Biden administration, Transport, IRA, Government, International, Congress, Inflation, Cigarettes & Truckstops, SIGMA, Biofuel, Inflation Reduction Act of 2022, Jet fuel, CORSIA

ALEXANDRIA, Va., Aug. 8, 2023 /PRNewswire/ -- NATSO, representing America's travel plazas and truckstops, and SIGMA: America's Leading Fuel Marketers, urged the Internal Revenue Service (IRS) to uphold Congressional intent and subject sustainable aviation fuel (SAF) to the stringent lifecycle greenhouse gas emissions modeling requirements of the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) as it implements the tax credits enacted under the Inflation Reduction Act (IRA). The following statement can be attributed to David Fialkov, Executive Vice President of Government Affairs for NATSO and SIGMA. 

Key Points: 
  • ALEXANDRIA, Va., Aug. 8, 2023 /PRNewswire/ -- NATSO, representing America's travel plazas and truckstops, and SIGMA: America's Leading Fuel Marketers, urged the Internal Revenue Service (IRS) to uphold Congressional intent and subject sustainable aviation fuel (SAF) to the stringent lifecycle greenhouse gas emissions modeling requirements of the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) as it implements the tax credits enacted under the Inflation Reduction Act (IRA).
  • The following statement can be attributed to David Fialkov, Executive Vice President of Government Affairs for NATSO and SIGMA.
  • "The CORSIA modeling requirements for SAF are a fundamental underpinning of the statutory scheme that Congress created for biofuels within the IRA.
  • Inviting industry to disregard CORSIA would represent an affirmative decision by the Biden Administration to increase diesel emissions and increase fuel prices.