Qantas stops matching carbon offset contributions

[Mattg]

I just noticed when booking a flight the following notice under "Fly Carbon Neutral":

As of 1 July 2024, Qantas has ceased matching passenger contributions to the Fly Carbon Neutral program.

I wonder why they stopped? Does Qantas not feel this is worth spending money on any more?

 

[SYD]

I just noticed when booking a flight the following notice under "Fly Carbon Neutral":



I wonder why they stopped? Does Qantas not feel this is worth spending money on any more?

View attachment 417033

Could relate to the recent legal challenge by some self appointed organisation challenging QF about an apparent lack of detailed plans to be carbon neutral by 2050. AFAIK, they didn’t take equivalent action against VA, so obvious Grand Standing.

There’s no suggestion that payments for “offsets” aren’t going to some sort of carbon neutral program.

I imagine no airline has such a plan and any details to get vaguely close to Carbon Neutral by 2050 would be commercially sensitive.

 

[RB001]

I just noticed when booking a flight the following notice under "Fly Carbon Neutral":



I wonder why they stopped? Does Qantas not feel this is worth spending money on any more?

View attachment 417033

Depends on whose money you're talking about - SYD-MEL economy booked in May 2024, cost was $1.80
SYD-MEL economy booked in September 2024 was $2.55
Both for 99.81kg. (Yet in November 2023, it was only 84.95 kg)
It would appear they stopped paying because we're doing it for them.

 

[Mattg]

Depends on whose money you're talking about - SYD-MEL economy booked in May 2024, cost was $1.80
SYD-MEL economy booked in September 2024 was $2.55
Both for 99.81kg. (Yet in November 2023, it was only 84.95 kg)
It would appear they stopped paying because we're doing it for them.

Interesting, but $2.55 is not double $1.80 - wonder where the remaining amount went?

 

[RB001]

Interesting, but $2.55 is not double $1.80 - wonder where the remaining amount went?

Enhancing shareholder value.
Perhaps one for the beancounters at Mascot...

 

[jpp42]

Depends on whose money you're talking about - SYD-MEL economy booked in May 2024, cost was $1.80
SYD-MEL economy booked in September 2024 was $2.55
Both for 99.81kg. (Yet in November 2023, it was only 84.95 kg)
It would appear they stopped paying because we're doing it for them.

Carbon credit prices can vary quite a bit, so this may just be the market price changing, and maybe they only update this occasionally. The cost of $1.80 for 99.81 kg is about $18/tonne and $2.55 is about $25.5 per tonne, whereas current spot prices are around $30-$35 per tonne (based on ACCU's in Q3 2024) so it's still a reasonable deal, unless I'm missing some factor in the calculations. If the Qantas rate is lagging the spot price, expect this to go up further.