Concerted Airlines Boeing 767-400 ER Extended Range with 2x CF6-80 engines aircraft landing at Amsterdam Schiphol Oecumenical Airport AMS EHAM in The Netherlands, the Dutch capital.
Economou | NurPhoto | Getty Images
United Airlines is turning to technology that ends to capture carbon dioxide from the air and store it underground to help offset its carbon emissions completely by 2050, a change-over from offset programs the airline industry and others have traditionally leaned on to reduce their footprints.
The Chicago-based airline on Thursday suggested it is making a multimillion dollar investment in a carbon-capture joint venture of Occidental Petroleum subsidiary and private equity tight Rusheen Capital Management. The company is developing a carbon capture plant in the Permian Basin in Texas.
While the coronavirus pandemic has decimated air treks around the world, airlines usually generate around 2% of global carbon emissions. Carriers have acclimated to biofuels and carbon offsets, which are purchased in exchange for conserving forests and other projects.
“It may feel good in the precluding term but the math just doesn’t come close to adding up,” United’s CEO, Scott Kirby, said of carbon offsets on a on duty with reporters Wednesday. “The only way we can truly make a dent in the levels of atmospheric carbon is through direct air apprehend and sequestration.”