Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • SocialBoost
  • Rooms
    • MediaRoom
    • ESG Rooms
  • AI Tools
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Hamburger menu
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • Cision Communications Cloud®
  • AI Tools
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists

Yocova: Airbus gathers European airlines into direct air carbon capture fold

This image opens in the lightbox

News provided by

Yocova

08 Sep, 2022, 08:00 GMT

Share this article

Share toX

Share this article

Share toX

LONDON, Sept. 8, 2022 /PRNewswire/ -- Yocova, an end-to-end platform for innovation in aviation, reveals the breaking news about direct air carbon capture from FIA.

Airbus and a partnership of airlines and airline groups comprising more than a dozen worldwide carriers are working together on a new carbon capture project, with the aim to provide secure, verifiable carbon removal credits as part of aviation's need to offset part of its future emissions.

The partnership spans Air Canada, Air France-KLM, easyJet, International Airlines Group (the parent of British Airways, Iberia, Aer Lingus and Vueling), LATAM Airlines Group, Lufthansa Group (including Swiss, Austrian, Brussels and the Eurowings brands) and Virgin Atlantic.

The methodology from Carbon Engineering involves direct air carbon capture and storage, or DACCS. At a basic level, high-powered fans suck air in, process it, then compress it into liquid and store it in underground geologic reservoirs.

https://www.youtube.com/watch?v=Rf7pTfCxNW4

The agreement is at this point an early stage partnership, based on letters of intent, and the airlines have "committed to engage in negotiations on the possible pre-purchase of verified and durable carbon removal credits starting in 2025 through to 2028".

This gives a fairly substantial amount of wiggle room, but is intended to cover a pre-purchase total of some 400,000 tonnes of removal credits. Airbus partner 1PointFive, a subsidiary of Occidental Petroleum's Low Carbon Ventures business, will issue the carbon credits as early as 2025.

To give an idea of scale here, in 2019 British Airways alone reported that it emitted over 19m tonnes of CO2 equivalent from just scope 1 emissions, which the carrier defines as "direct emissions associated with British Airways operations including use of jet fuel, diesel, petrol, natural gas, and halon. Sources of emissions include aircraft engines, boilers, auxiliary power units and ground vehicle engines". [PDF]

That makes this agreement approximately 2% of BA's annual scope 1 emissions alone, and there are questions as to the extent to which this technology can scale, as well as how it is powered and its own sunk carbon costs.

Yet commitment, investment certainty, technological discussion and even making an announcement at a major event like an airshow — with airframer and indeed airlines — is part of a showing willing that is itself a positive move as aviation hustles to meet its net zero commitments. It also allows the industry to agree on some options before approaching key regulators for approval.

Indeed, as Air France-KLM vice president for sustainability Fatima da Gloria de Sousa explains, "the letter of intent we are signing with Airbus today embodies the collaborative approach the aviation industry has initiated to find effective solutions that meet the challenge of our environmental transition. Only together can we address the climate emergency."

Yocova had the chance to quiz executives from Airbus, the airlines and their carbon capture partners, and asked Airbus head of marketing Stan Shparberg about precisely that level of concreteness around the project.

"On a small scale, it's the technology that's been proven. We now basically need to scale it up, and that's what Steve and the team at 1PointFive are going to be doing," Shparberg tells Yocova. "On our side, together with our partners and customers, we need to make sure that it's recognised by the regulators. So this is where the coalition comes together to really ensure that we get the recognition for it."

Shparberg tells Yocova that the plans are "very concrete, and the plant is supposed to be up and running in 2025. So it's not a very hypothetical discussion here, [or an] 'if and when'. This is something that we've embarked on. Of course, there's a number of milestones that we need to achieve to get to the final result."

Standards, transparency and verification remain key issues

Yocova raised the question of how the scheme will be standardised, transparent and verifiable with 1PointFive president and general manager Steve Kelly.

"That's all taken care of, under the verification methodologies that [are] agreed with the authorities in the United States already," Kelly tells Yocova. "That's really well advanced. Our understanding of the behaviour of CO2 underground in underground reservoirs is very, very well advanced: we've been handling CO2 as a company for over forty years now. So there's no there's no issue with the verification or the carbon scoring."

More widely on the subject of verification, Nicolas Chretien, group head of sustainability and environment at Airbus, tells Yocova, "I think what we need to develop is that verification to international standards, to establish a standardisation scheme for acceptance of DACCS, defining sustainability criteria."

While work is underway by the usual suspects such as ISO, there are key individual questions about this particular technology when it comes to carbon scoring and carbon accounting.

"How do you assess for instance, the lifecycle impact of the overall process?" Chretien asks rhetorically. "Obviously, you have that process needs to be sourced with renewable electricity… if you want a negative emission in that process."

Indeed, the week after the airshow the UK government announced a call for evidence on its open consultation as it looks to create a policy framework for power with carbon capture, usage and storage.

"What we're looking at actually — and that's the approach that is taken also by the Science Based Targets Initiative — is [that] we believe that there is additional value in removals because they're affected by nature. And we could look at those removals as ways to actually contribute to net zero plans of companies, namely Airbus and our airline customers as well," Chretien tells Yocova. "But then, in this case as well, you need to assess how this removal — because it's a reduction of CO2, an out-of-sector one — could still fit decarbonisation plans or reduction schemes. If you look at the EU ETS, for instance, in Europe, the question will be, 'how would this be dealt with?'"

These questions get even more complicated if, as was raised during discussions, some or all of this captured carbon could be transformed into more sustainable fuels through emerging processes. And that is, fundamentally, key to this project and others. Direct air capture is just one of the levers that aviation can and must pull along its decarbonisation journey to net zero.

About Yocova

Yocova is an end-to-end platform for innovation: digital infrastructure and services to facilitate the exchange of ideas, data, and apps in aviation. The platform is structured around the pillars of Community, Data Rooms and Marketplace:

  • Community: the global aviation community on one open and trusted platform - connect and collaborate with aviation peers in public forums and private working groups
  • Data collaboration: a decentralised, secure, and voluntary data API exchange giving you full control of who accesses your data to support your digital initiatives
  • Marketplace: a trusted 'go to' aviation marketplace for digital transformation – find, try, buy, and deploy leading digital aviation apps, data API's solutions and services, or sell and manage your own through a global route-to-market

For OEM partners, Yocova provides a single command and control platform through which to securely distribute, authenticate, and update all digital content across the customer community. For OEM customers, a single entry-point for swift, efficient user access to all OEM digital content.

Yocova continues to pursue its growth strategy at pace with over 1000+ members extending across the aviation value chain, including but not limited to professionals and enterprises from airlines, business jet operators, digital/data vendors, through to airports, ANSPs and OEMs.

Contact details

To find out about Yocova membership, join conversations, groups, collaborate, and access the latest aviation insights and digital solutions, email members@yocova.com

Logo: https://mma.prnewswire.com/media/1874946/Yocova_Logo.jpg

Modal title

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT
  • General Enquiries
  • Media Enquiries
  • Partnerships

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • Accessibility Statement
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
  • Data Privacy

Do not sell or share my personal information:

  • Submit via Privacy@cision.com 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 PR Newswire Europe Limited. All Rights Reserved. A Cision company.