Why visit ACE ’25?
The Climate Jet Club initiative, which offers private aviation users an innovative carbon jet card, is now providing customers with more than carbon offsetting solutions, as CJC flyers can now also invest in carbon removal.
CJC members have the possibility to choose their level of involvement, they can offset 100% of their emissions with the Blue Card; they can remove 20% of what they have emitted and offset 80% with the Gold Card; or they can remove up to 80% with the Platinum Card.
It is teaming up with US based company, Charm Industrial, which claims to have invented a hybrid nature technological solution to capture carbon. Biomass is removed from forests or fields and transformed into a think oil like matter in which the C02 gets trapped by prolysis and is injected into porous and permeable sedimentary layers underground. It says this is scientifically proven to permanently remove C02 from the atmosphere as the oil sinks and cannot return to the surface. This method of carbon removal is billed at $600 a ton of CO2 while carbon offsetting starts at $2 a ton.
"Traditional carbon offsets suffer from extremely low quality," explains Peter Reinhardt, CEO of Charm Industrial. "Research from Berkeley, Oxford and CarbonPlan found that 85% of traditional offsets sold are not additional, meaning they don't do anything. Even more suffer from leakage and the permanence of the carbon reduction is extremely short, only a few decades. High quality carbon dioxide removal is expensive for now, but for folks who can afford to fly private, high quality removals should be a no-brainer."