NetJets Europe factoring carbon offsets into prices
NetJets Europe is building carbon-offsetting costs into its fractional ownership prices in a bid to become a carbon-neutral operation by 2012.
NetJets Europe is building carbon-offsetting costs into its fractional ownership prices in a bid to become a carbon-neutral operation by 2012. Beginning October 1, all new clients and existing clients who renew their contracts will purchase carbon credits that cancel out the carbon produced when they take flights. Current customers will be asked to sign up for the program voluntarily as part of their existing contracts.
NetJets is also backing the group’s Carbon Initiative in the U.S., but customer participation will be entirely voluntary. In Europe, customers will see their flight-hour charges increase by about 0.5 percent and, on average, this will mean around $5,200 in additional costs over the course of a year.
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