EasyJet to offset carbon emissions from all flights

Bloomberg

EasyJet Plc plans to become the first carrier to offset carbon emissions from all its flights as the aviation industry responds to a growing outcry over its contribution to climate change.
“It’s not to say that this is the perfect solution, we know it’s an interim step before new technologies come into play,” CEO Johan Lundgren told Bloomberg TV. “We do believe this is absolutely in line with what our customers increasingly want companies to do.”
The move by Europe’s second-biggest discount airline puts pressure on larger rivals including Deutsche Lufthansa AG and Air France-KLM to ratchet up their own efforts to cut emissions. British Airways-owner IAG SA said last month it wants to offset emissions for all UK domestic flights from next year.
EasyJet will spend an estimated $32.3 million on projects that include planting trees and protecting against deforestation, with the objective of removing as much
carbon dioxide from the atmosphere as its fleet emits, Lundgren said.