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The Bahamas Aviation, Climate & Severe Wx Network Ltd (BACSWN) is in position to help airlines to gain carbon credits with its new technology.
Lyrone Burrows, president and chief executive officer of BACSWN, told Tribune Business that their company will be able to put airlines in position to create carbon credits through their path-breaking weather monitoring technology.
And the company has caught the attention of project scientist Roelof Bruintjes, who stressed the importance of the field that the company is pioneering.
He said of the company’s work: “I was very impressed… primarily because this took weather forecasting and early warning systems to a next step, especially as it pertained to aviation and making aviation safer – but also in terms of all the displays and all the technology that is required for doing a proper job in terms of aviation safety. And then both after safety comes efficiency. How can we most efficiently help aviation and this is what the airlines want also. That impressed me tremendously.”
He added: “And this goes into climate change also. The more efficient and the more safer we work, the less we waste things and fuel, and the better it is for the climate.”
Mr Burrows said: “Based on the discussions we had with the National Centre for Atmospheric Research (NCAR) last week and we asked them based on their knowledge and how those credits would accrue, and they indicated what we had anticipated, which is that the credits if there are any created will be owned by the airlines utilising our technology.”
He continued: “Once we are able to confirm and show by virtue of our technology that the airlines would be able to derive carbon credits, what we can actually do is price that with a discount into the cost of our technology.”
