United Airlines commits to reaching net-zero emissions by 2050 through carbon capture technology investment

United Airlines has ramped up its 2018 pledge to cut its net greenhouse gas emissions in half by 2050 by announcing a new ambitious commitment to a 100 per cent reduction by the same year. In an industry first, the US airline says it will meet its carbon neutrality goal through a multimillion-dollar investment in Direct Air Capture (DAC) technology rather than purchasing carbon credits to offset residual emissions. The investment is being made in 1PointFive, a partnership between Oxy Low Carbon Ventures, a subsidiary of Occidental, and Rusheen Capital Management, which is using technology licensed from Carbon Engineering in the first industrial-sized DAC plant in the United States. United has already invested $30 million in sustainable aviation fuel producer Fulcrum BioEnergy, the single largest investment in SAF production by any airline globally. [...]

GreenAir Online

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