Jet.AI, an innovative private aviation, artificial intelligence company, announced the launch of DynoFlight, a carbon offset transaction platform built for both commercial and private aviation operators. The platform enables aviation businesses to offset their carbon emissions through the purchase of carbon removal credits that fund the direct extraction of carbon dioxide from the atmosphere.
“Quality carbon offsets are hard for most companies to identify and typically require large working capital outlays,” said Mike Winston, Founder of Jet.AI. “The DynoFlight platform addresses both pain points by identifying credits and enabling the flight-by-flight purchase for small dollar amounts.”
Unlike other offset programs that often focus on preventing future emissions, carbon removal credits offer a measurable extraction of carbon dioxide from the atmosphere. DynoFlight offers operators the flexibility to purchase removal credits either through its online interface or programmatically using its API. Jet.AI plans to launch the platform in September 2023, which will allow operators to:
- Purchase carbon removal credits at a competitive cost.
- Register credits to aircraft in their fleet.
- Record carbon emissions for specific aircraft to track stats across their fleet.
- Query DynoFlight’s carbon estimation endpoint to receive emissions estimates on any given route for over 250 of the most common commercial and business aircraft models using either sustainable aviation fuel or standard jet fuel.
In addition, DynoFlight can facilitate the integration of carbon offsetting into an operator’s checkout process. Upon a customer purchasing a removal credit at checkout, the operator receives a live link to a carbon credit certificate page to share with the customers. This certificate page dynamically updates throughout the life of the credit as it is purchased, procured, and retired.
SOURCE: GlobeNewswire