ASU Price on Carbon

Lily Tram

Arizona State University

Financial Services

Sr Director Financial Services & Chief of Staff

Alexander Davis

Arizona State University

University Sustainability Practices

Assistant Director

September 20, 2022

Presented by:

ASU Price on Carbon

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Price on Carbon�How Arizona State University developed the Price on Carbon for ASU air travel and how it supports the ASU Carbon Project

ASU Price on Carbon

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Do you know?

ASU Price on Carbon

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Air Travel Environmental Fee

• Rationale for the program:
• Air travel is a substantial part of ASU’s footprint
• No near-term solution for air travel emissions
• Supports on-campus and community programs as well as offset purchases

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ASU Price on Carbon

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Optional Environmental Impact Fee

Arizona State University – sponsored air travelers can contribute to an optional Environmental Impact Fee (EIF) that will fund campus greenhouse gas emission-reduction projects that work toward the university’s 2025 carbon neutrality goal

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Optional Environmental Impact Fee

• Implemented in October 2011
• EIF supported President Crow’s American College and University Presidents Climate Commitment
• Opt-in fee for ASU-sponsored flights for business related travel for ASU employees or students

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Optional Environmental Impact Fee

• EIF round-trip flight rates average $20 for domestic round trip flights and $15–$100 for international cities
• The University Sustainability Practices team conducted substantial research on online air travel carbon footprint calculators including CarbonFund and TerraPass. The International Civil Aviation Organization (ICAO) was used to determine the distance between destinations

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ASU Price on Carbon

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Optional Environmental Impact Fee�North American Map

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ASU Price on Carbon

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Optional Environmental Impact Fee�World Map

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ASU Price on Carbon

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Optional Environmental Impact Fee

• The EIF is assessed to the first account listed on the travel claim, except sponsored grant/contract accounts cannot be assessed the EIF (responsible account for grant/contracts is assessed instead)
• The EIF is assessed by ASU Financial Services with a manual journal entry after the ASU Travel department has processed the travel claim

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ASU Price on Carbon

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Optional Environmental Impact Fee

• Air-travel emissions, even on a per-passenger basis, substantially surpass other forms of ASU transportation. In the interest of environmental responsibility and the American College and University Presidents Climate Commitment (ACUPCC), air travel was deemed the most measurable emissions assessment
• The funds generated by the fee are subject to disbursement by a committee that administers the use of savings from energy-reduction projects and programs. That committee is comprised of university experts in sustainability, finance, and facilities

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ASU Price on Carbon

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Price on Carbon

ASU Price on Carbon

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Price on Carbon

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• The price on carbon is currently $17 for a round-trip flight for both domestic and international flights

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• FY2019 - $8
• FY2020 - $10
• FY2021 - $12
• FY2022 - $15
• FY2023 - $17
• FY2024 – Price will be set pending offset RFP results

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ASU Price on Carbon

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Price on Carbon Annual Fees

As of August 23, 2022

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ASU Price on Carbon

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Travel Expense Reports by Fiscal Year

As of August 23, 2022

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ASU Price on Carbon

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ASU Carbon Project

• What’s next (internal)
• New sustainability leadership at ASU
• Reconsidering future community tree-planting projects
• What’s next (external)
• Reviewing airline offset commitments (e.g., JetBlue’s commitment to offset domestic flights)
• Develop airline partnerships on offsets, SAFs, etc.

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ASU Price on Carbon

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Thank you!

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Questions?

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Contact Info:

Lily.Tram@asu.edu (480) 965-4446

Alexander.Davis@asu.edu (614) 353-6036

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ASU Price on Carbon

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