What It Means For Major Carbon Emitters To Go 'Carbon Neutral'

  • What It Means For Major Carbon Emitters To Go 'Carbon Neutral'

What It Means For Major Carbon Emitters To Go 'Carbon Neutral'

The airline did not provide details on how it will invest the money, but it will likely use some of it on carbon-offset programs that funnel funds into environmental projects to help counteract plane emissions.

Aviation accounts for about 2% of global carbon emissions, but those emissions are rising with the growth in air travel.

Bastian is an advocate of air travel as a way to connect people and economies across the globe but has been vocal about the industry's responsibility in ensuring environmental sustainability.

Airlines have taken small steps, including investments in alternative-fuel start-ups. Biofuels take years to develop and remain in short supply.

Workers at the Delta TechOps print shop and hangar in Atlanta spent more than a week working on it. Credit: Delta.

A cleaner environment is one thing, but you may be asking yourself what's in it for you the next time you climb aboard a Delta flight? Delta finished slightly ahead of American Airlines but behind Southwest and United.

"They deserve all the credit for our success, and we are proud to recognize their extraordinary work with a $1.6 billion payout-marking the sixth year in a row that Delta's profit-sharing has exceeded $1 billion".

With as much as 98 percent of all the company's emissions coming from its aircraft, Bastian's carbon neutral wish is an especially tall order, but he appears determined that Delta can - and will - make this move happen.

With sustainability being at the forefront of many travellers' minds, several companies within the industry are making strides to reduce their carbon footprint and implement more environmentally-friendly initiatives. Few people can opt for a sailboat trip, but in parts of Europe, flight-shaming is credited with increasing travel by train.

And past year, easyJet made a similar claim that it was going to become the first airline in the world to offset all its carbon emissions.

At a Delta investor conference in December, Bastian called environmental stewardship "the existential threat to our future ability to grow". The company hit $11 billion in revenue in 2019, it said in its full-year report.