Qantas partners with BP, sets a 2050 net-zero emissions target.
Australian airline Qantas has announced a partnership with BP oil and gas to bring sustainable fuels to its fleet. The airline is aiming to cap net C02 emissions at its 2019 levels. The new announcement builds on its commitment to develop sustainable fuels. It has already pledged more than $38 million to the project.
“Airlines globally have a responsibility to cut emissions and combat climate change, particularly once travel demand starts to return,” Qantas Executive Andrew Parker said in a statement.
“The Qantas Group has set some ambitious targets to be net carbon neutral by 2050 and while offsetting emissions is a big part of that in the next few years, longer-term initiatives like building a sustainable aviation fuel sector in Australia, are key.”
Qantas has long been a leader in sustainable aviation. It currently operates one of the largest carbon offset programs in air travel. It matches its passengers flight offsets dollar for dollar; currently 10 percent of passengers choose to offset.
Fly the Sustainable Skies
Part of Qantas’ sustainability efforts included a shift away from its least fuel-efficient aircraft. It retired its Boeing 747-400s in 2020; the A380s are also grounded. Their return to the air is questionable.
Qantas has turned its focus to the fuel-efficient Boeing 787-9 Dreamliners instead. Other fuel-efficient aircraft may take flight for Qantas post-pandemic. It’s been reviewing the Airbus A350-1000.
BP’s partnership with Qantas points to its ambitious sustainability targets; it set a 2050 deadline for net-zero emissions.
“At BP, we’re focusing on working with corporates in key industrial sectors that currently have significant carbon emissions to manage and need to decarbonize – sectors such as aviation,” William Lin, BP’s EVP regions, cities, and solutions, said in a statement.
The announcement comes after United Airlines made a similar pledge. It says it will reach 100 percent carbon neutrality by 2050.
Globally, air travel is responsible for two percent of all CO2 emissions.