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China to have world's 2nd largest carbon trading scheme by 2014

24th January, 2013

China will have the world's second largest carbon trading scheme by 2014, or twice as big as Australia's regime, a latest report showed Thursday.

Carbon price of $29 'not implausible', says Blair Comley

20th January, 2013

THE head of the federal climate change department says it is "not implausible" the European carbon price could rise to $29 a tonne by mid-2015, when Australia's emissions trading scheme begins.


Lufthansa’s Biofuel Powered Service to Reduce Carbon

19th October, 2011

Deutsche Lufthansa AG became the first airline to run regular commercial flights operating on a fifty-fifty blend of biofuels with the conventional kerosene fuel.

Lufthansa is trialling its Airbus A321 flights between Hamburg and Frankfurt using biosynthetic fuels. If successful in reducing its carbon footprint, they hope to expand the use of the fuel across its entire fleet.

The aircraft will fly the 244 mile route eight times daily over the next six months between the two cities. One engine trials the alternative mixture, while the other will run on kerosene alone.  Scientific data will be compiled and technicians will examine the effects of the use of the biofuel mixture on the plane’s engine.

Lufthansa's director of European corporate communications, Aage Dünhaupt said "Our interest is to have sustainable resources in the future, to have an alternative to offer flights at affordable prices to everyone,"

Airlines say biofuels can shrink the industry’s carbon footprint because they do not emit carbon emissions the way a conventional hydrocarbon jet does.
Lufthansa estimates it will save 1,500 tonnes of carbon dioxide emissions over the trial period, which will cost €6.5 million, about a third of which is being funded by the German government.

The biofuel, provided by Neste Oil, is comprised of mostly vegetable oils and has been stockpiled to cover journeys for the next six months.  It is expected that using the renewable energy source would equate to a reduction of 20-30% of greenhouse gas emissions. 

The trial is the latest in a trend of biofuel projects pursued by airlines around the world.
Finnair have already flown the longest biofuel commercial flight between Amsterdam and Helsinki with a mixture of diesel and recycled cooking oil.
While Thomson will test greener fuels on services between Birmingham and Palma from this September.

This could mark the beginning of a shift in the aviation industry’s fight against carbon emissions.