Air Canada and Squamish-based Carbon Engineering Ltd have announced a Memorandum of Understanding to identify potential opportunities for aviation decarbonization.
The two Canadian companies plan to explore potential cooperation activities in sustainable aviation fuels (SAF), permanent carbon dioxide removal and innovation, including opportunities for Air Canada to purchase SAF utilizing CE’s technologies.
CE’s DAC technology captures CO2 directly out of the atmosphere and can be used to support decarbonization in two significant and complementary ways.
When combined with secure geologic storage, it can permanently remove vast amounts of CO2 from the atmosphere, providing a tool to eliminate any CO2 emission, from any location and at any moment in time.
Additionally, through integration with CE’s AIR TO FUELSTM technology, DAC can be used to produce ultra-low carbon transportation fuels, such as SAF, by combining atmospheric CO2 with clean hydrogen.
“At Air Canada, we are very focused on seeking innovative, long term, sustainable emission reduction solutions as we work towards achieving our absolute midterm GHG net reduction targets by 2030 and our net zero GHG emissions goal by 2050,” says Amos Kazzaz, Executive Vice President & Chief Financial Officer at Air Canada.
“We are pleased to officially become the first Canadian airline to work with CE to advance new, transformational technologies towards the commercial viability of SAFs and carbon removal, two significant components to building a long-term, sustainable, global aviation industry.”
Steve Oldham, CEO of Carbon Engineering, said addressing emissions within the aviation industry is expected to be some of the most challenging, yet important, work in the years to come.
“The good news is that feasible, affordable and scalable solutions, like CE’s DAC and AIR TO FUELSTM technologies, are available and capable of making a meaningful impact in meeting critical net zero targets.
“At CE, supporting aviation decarbonization is a key component of our commercialization plans and we’re thrilled to be working with a major airline, like Air Canada, to collaborate on ways to accelerate the potential of DAC-based solutions in supporting the aviation energy transition.”
