* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Saturday, September 6, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    ITV Studios Launches New Entertainment Label – Global Bulletin – IMDb

    ITV Studios Unveils Exciting New Entertainment Label

    TS Entertainment bringing Malibu Jack’s to former Owensboro mall – Lane Report

    TS Entertainment Launches Malibu Jack’s at Former Owensboro Mall Location

    Jenny Han Dropped a Major ‘The Summer I Turned Pretty’ Easter Egg Revealing [SPOILER] – yahoo.com

    Jenny Han Just Unveiled a Huge ‘The Summer I Turned Pretty’ Easter Egg That Changes Everything [SPOILER]

    Liam Payne’s Cousin Ross Harris Honors Late Singer With Emotional Song ‘Bones’ – yahoo.com

    Liam Payne’s Cousin Ross Harris Honors Late Singer with Emotional New Song ‘Bones

    Country music star apologizes after drunken show ends with cops taking him down: ‘I’m not OK’ – PennLive.com

    Country Music Star Apologizes After Drunken Show Ends in Police Intervention: ‘I’m Not OK

    Comanche Nation Entertainment closes casino near Devol – KSWO 7News

    Comanche Nation Entertainment Closes Casino Near Devol in Surprising Move

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Coherent Joins LLNL’s STARFIRE Diode Technology Working Group to Advance Inertial Fusion Energy – GlobeNewswire

    Coherent Partners with LLNL’s STARFIRE Team to Drive Breakthroughs in Inertial Fusion Energy

    Gene Associated With Deadly Heart Disease in Golden Retrievers Identified – Technology Networks

    Breakthrough Discovery Uncovers Gene Behind Deadly Heart Disease in Golden Retrievers

    Monkey Island LNG Picks ConocoPhillips’ Liquefaction Technology – Hart Energy

    Monkey Island LNG Selects ConocoPhillips’ Advanced Liquefaction Technology for Next-Gen Energy Solutions

    Credo Technology Group Holding Ltd. (CRDO) Surpasses Q1 Earnings and Revenue Estimates – Yahoo Finance

    Credo Technology Group Surpasses Q1 Earnings and Revenue Expectations

    The Economist is hiring a science and technology correspondent – The Economist

    Exciting Opportunity: Become Our Next Science and Technology Correspondent!

    Blockchain lender Figure Technology seeks to raise up to $526M in IPO (FIGR:Pending) – Seeking Alpha

    Blockchain Lender Figure Technology Sets Sights on $526M in Thrilling IPO Launch

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    ITV Studios Launches New Entertainment Label – Global Bulletin – IMDb

    ITV Studios Unveils Exciting New Entertainment Label

    TS Entertainment bringing Malibu Jack’s to former Owensboro mall – Lane Report

    TS Entertainment Launches Malibu Jack’s at Former Owensboro Mall Location

    Jenny Han Dropped a Major ‘The Summer I Turned Pretty’ Easter Egg Revealing [SPOILER] – yahoo.com

    Jenny Han Just Unveiled a Huge ‘The Summer I Turned Pretty’ Easter Egg That Changes Everything [SPOILER]

    Liam Payne’s Cousin Ross Harris Honors Late Singer With Emotional Song ‘Bones’ – yahoo.com

    Liam Payne’s Cousin Ross Harris Honors Late Singer with Emotional New Song ‘Bones

    Country music star apologizes after drunken show ends with cops taking him down: ‘I’m not OK’ – PennLive.com

    Country Music Star Apologizes After Drunken Show Ends in Police Intervention: ‘I’m Not OK

    Comanche Nation Entertainment closes casino near Devol – KSWO 7News

    Comanche Nation Entertainment Closes Casino Near Devol in Surprising Move

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Coherent Joins LLNL’s STARFIRE Diode Technology Working Group to Advance Inertial Fusion Energy – GlobeNewswire

    Coherent Partners with LLNL’s STARFIRE Team to Drive Breakthroughs in Inertial Fusion Energy

    Gene Associated With Deadly Heart Disease in Golden Retrievers Identified – Technology Networks

    Breakthrough Discovery Uncovers Gene Behind Deadly Heart Disease in Golden Retrievers

    Monkey Island LNG Picks ConocoPhillips’ Liquefaction Technology – Hart Energy

    Monkey Island LNG Selects ConocoPhillips’ Advanced Liquefaction Technology for Next-Gen Energy Solutions

    Credo Technology Group Holding Ltd. (CRDO) Surpasses Q1 Earnings and Revenue Estimates – Yahoo Finance

    Credo Technology Group Surpasses Q1 Earnings and Revenue Expectations

    The Economist is hiring a science and technology correspondent – The Economist

    Exciting Opportunity: Become Our Next Science and Technology Correspondent!

    Blockchain lender Figure Technology seeks to raise up to $526M in IPO (FIGR:Pending) – Seeking Alpha

    Blockchain Lender Figure Technology Sets Sights on $526M in Thrilling IPO Launch

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home General

Corporations buy into sustainable fuel certificates to address air travel emissions

May 10, 2024
in General
Corporations buy into sustainable fuel certificates to address air travel emissions
Share on FacebookShare on Twitter

As the aviation industry searches for ways to fly net-zero planes, corporations are seeking ways to reduce, or offset, the carbon footprint of their business travel. 

Boston Consulting Group is the latest company to reach for sustainable aviation fuel (SAF) certificates, which it hopes will boost demand for lower-carbon sources and reduce the effects of its jetsetting employees’ emissions in the process.

The firm announced May 7 that it would buy SAF certificates equivalent to more than half of its carbon emissions from employee air travel in 2023. The five-year contract with World Energy will deliver CO2 emissions reductions of 100,000 metric tons, about as many as it takes to fly “177,000 economy-class passengers round trip between Boston and London,” according to BCG.

The move is part of an April 17 announcement of a $200 million group deal involving BCG, Netflix, Meta and a dozen other companies to purchase SAF certificates. Led by the nonprofit Sustainable Aviation Buyers Alliance (SABA) and including AstraZeneca, NovoNordisk and JPMorgan Chase, the group committed to purchase certificates “equivalent to the emissions of 3,000 fully loaded passenger flights from New York City to London.”

We see SAF as an important part of the solution for us as our business model will always require travel and working side by side with our client.

In October, Microsoft announced a 10-year contract with World Energy for SAF certificates that would displace 43.7 million gallons of petroleum jet fuel.

“Being an early adopter allows us to be part of the dialog on how to work through important topics such as quality standards and sourcing,” BCG Chief Sustainability Officer David Webb told GreenBiz via email. “We see SAF as an important part of the solution for us as our business model will always require travel and working side by side with our client.”

Why sustainable aviation fuel

BCG, members of SABA and others see SAF certificates as a way to build demand for the fledgling market for sustainable fuels. 

Fossil fuels power more than 99 percent of aircraft. And aviation is one of the hardest industries to decarbonize. Unlike cars or trucks, bulky aircraft won’t run on heavy batteries any time soon. To reduce the industry’s 2 percent share of global CO2 emissions in time to help meet the targets of the Paris Agreement on climate change, airlines have begun adopting sustainable liquid fuel.

Sustainable aviation fuel (SAF) is used in less than 1 percent of U.S. domestic flights; the Biden administration in 2021 set a goal to expand that to 100 percent by 2050. Boeing and others are building aircraft that will run on 100 percent SAF. 

However, SAF costs at least twice as much as conventional jet fuel, which costs $90 per barrel. 

And SAF comes in many varieties, each with its own complex emissions footprint. The fuel is derived from garbage, waste fats, crops, biomass scrap or even carbon dioxide drawn from the air.

The whole idea behind this chain of custody in the registry is to be able to follow a given molecule in a sustainable aviation fuel all the way back to the point of its production.

“SAF offers a potential near-term solution for reducing aviation emissions, but its effectiveness depends heavily on the source and processing methods used,” John Willard, principal sustainability expert at Quantis, told GreenBiz.  

Boston-based World Energy, which is providing certificates to Microsoft and BCG, refines hydroprocessed esters and fatty acids (HEFA) to make fuel from waste fats and oils. 

How SAF certificates work

SAF certificates are more like renewable energy certificates than traditional offsets, according to John Dees, senior decarbonization scientist at Carbon Direct, which advises companies on carbon removal strategies.

“Whenever sustainable aviation fuel gets to an airport… there’s no guarantee that it wound up on exactly the plane that you’re on, but it does represent a physical thing, a change in the emissions characteristics of the fuel that of a service that you’re actually using,” Dees said. 

Warning over SAF certificates

Like offsets, though, SAF certificates draw skepticism from environmental groups and others wary of their emissions-reduction claims. 

“Sustainability leaders, business executives, and decision-makers should fully understand the risks, limitations, and challenges — as well as the controversies — associated with SAF before adopting these certificates as part of their strategy for reducing their respective business travel (and logistics) footprint,” said Willard, of Quantis.

Mechanisms and standards have emerged to validate the SAF certificates. BCG’s purchase of SAF certificates will be accounted for by the Sustainable Aviation Fuel Certificate (SAFc) system, which RMI and the Environmental Defense Fund launched in December at COP28 in Dubai.

“The whole idea behind this chain of custody in the registry is to be able to follow a given molecule in a sustainable aviation fuel all the way back to the point of its production,” said Dees of Carbon Direct.

It does represent a physical thing, a change in the emissions characteristics of the fuel that of a service that you’re actually using.

More clarity on the nascent market for SAF certificates should come in July, when the Science-Based Targets initiative (SBTi) is expected to release guidelines on them and other environmental attribute certificates. 

The Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) is also working on rules about which features “book and claim” systems, such as SAF certificates, should include. 

Here are tips from experts for companies considering SAF certificates:

Understand the risks in this early market.
Work with established players, such as SABA, which uses the Sustainable Aviation Fuels Certificate registry.  
Don’t use SAFc as an excuse to book more flights.  
Seek independent expertise to work with your sustainability department to understand what quality looks like in the market. 
Reconsider any potential SAF deal with a company that hasn’t produced fuel at scale yet.
Look out for upcoming guidance from SBTi, CORSIA and other validation groups.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : GreenBiz – https://www.greenbiz.com/article/corporations-buy-sustainable-fuel-certificates-address-air-travel-emissions

Previous Post

Banks And Number Of Branches Nationwide

Next Post

28 courses to boost your ESG, sustainable finance skills

HHS responds to report about autism and acetaminophen : Shots – Health News – NPR

HHS Addresses New Findings on Autism and Acetaminophen Use

September 6, 2025
September 2, 2025: Trump administration news – CNN

September 2, 2025: Trump administration news – CNN

September 6, 2025
Blending art, culture and native plants at Wakamatsu – Mountain Democrat

Discover the Harmony of Art, Culture, and Native Plants at Wakamatsu

September 6, 2025
The Two-Body Problem for Women in Science – Nautilus | Science Connected

The Two-Body Problem for Women in Science – Nautilus | Science Connected

September 6, 2025
How AI and Automation are Speeding Up Science and Discovery – Berkeley Lab News Center (.gov)

How AI and Automation Are Accelerating Breakthroughs in Scientific Discovery

September 6, 2025

American Trust Investment Services Serves as Exclusive Placement Agent in $9 Million Follow-On Offering for Nova LifeStyle, Inc. – Morningstar

September 6, 2025
Coherent Joins LLNL’s STARFIRE Diode Technology Working Group to Advance Inertial Fusion Energy – GlobeNewswire

Coherent Partners with LLNL’s STARFIRE Team to Drive Breakthroughs in Inertial Fusion Energy

September 6, 2025
EA SPORTS™ and New York City FC Extend Partnership to Power the Future of Football Fandom in NYC – New York City FC

EA SPORTS™ and New York City FC Join Forces to Transform Football Fandom in NYC

September 6, 2025
News – Ancient DNA Pinpoints Culprit Responsible for World’s First Pandemic – Archaeology Magazine

Ancient DNA Reveals the True Cause of the World’s First Pandemic

September 5, 2025
Fears of US recession as economy adds just 22,000 jobs – The Times

Fears of US recession as economy adds just 22,000 jobs – The Times

September 5, 2025

Categories

Archives

September 2025
MTWTFSS
1234567
891011121314
15161718192021
22232425262728
2930 
« Aug    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (809)
  • Economy (827)
  • Entertainment (21,704)
  • General (16,881)
  • Health (9,869)
  • Lifestyle (840)
  • News (22,149)
  • People (829)
  • Politics (835)
  • Science (16,038)
  • Sports (21,326)
  • Technology (15,808)
  • World (808)

Recent News

HHS responds to report about autism and acetaminophen : Shots – Health News – NPR

HHS Addresses New Findings on Autism and Acetaminophen Use

September 6, 2025
September 2, 2025: Trump administration news – CNN

September 2, 2025: Trump administration news – CNN

September 6, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version