Delta Air Lines To Invest $1 Bn To Reduce Emissions
Muhammad Irfan Published February 14, 2020 | 11:38 PM
Delta Air Lines said Friday it plans to invest $1 billion over the next decade to reduce its emissions, the first major airline to make such a commitment
New York, (APP - UrduPoint / Pakistan Point News - 14th Feb, 2020 ) :Delta Air Lines said Friday it plans to invest $1 billion over the next decade to reduce its emissions, the first major airline to make such a commitment.
"There's no challenge we face that is in greater need of innovation than environmental sustainability, and we know there is no single solution," Delta CEO Ed Bastian said in announcing the move.
The investment aims to reduce emissions across all of the US airline's operations worldwide, starting in March and lasting for 10 years.
Delta says it will invest in technologies to reduce airline CO2 emissions and waste, though it does not specify if technologies like carbon capture and removal are among the innovations it will targeting.
The aviation industry accounts for about two percent of global carbon emissions, according to Delta.
As concern grows over climate change, air carriers are aiming to drastically reduce their carbon footprint and be carbon neutral from 2020 even as air travel is expected to increase sharply in the coming years.
Airlines have taken measures like cutting out single-use plastic items like packaging, utensils, straws and cutlery, while investing in biofuels.
They also are buying newer aircraft made of lighter materials and seen as more fuel efficient, and pushed for the development of single-engine aircraft, which they believe can reduce their emissions by between one and two percent a year.
Delta has been offering its customers carbon offsets for more than two years and is committed to voluntarily capping its own emissions at 2012 levels, while recycling the aluminum cans, plastic bottles and cups and paper waste it generates.
The United Nations recently announced that the decade between 2010 and 2019 was the warmest on record.
Under pressure from activists, many companies including microsoft and BP, have made commitments to reduce their carbon footprint.
Major shareholders, such as the US asset management company BlackRock, have made similar promises.
Recent Stories
PTI to stage nationwide protests against alleged electoral frauds
Senate continues discussion on Presidential address to Joint Sitting of Parliame ..
Masood Khan calls for Pak-US cooperation for regional peace
Interior Minister starts Margalla Trail Patrol for security
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 26 April 2024
Today Gold Rate in Pakistan 26 April 2024
ICC Womens T20 World Cup Qualifier, Match 2: Ireland Women open with Comfortable ..
Robinson, bowlers help New Zealand go 2-1 up against Pakistan
Shahzeb Chachar to hold khuli kachehri on April 26
Heatwave amid Israel's aggression in Gaza brings new misery, disease risk
Tourism must change, mayor says as Venice launches entry fee
Court adjourns Judicial Complex attack case till May 17
More Stories From World
-
Cybersecurity firm Darktrace accepts $5 bn takeover
15 minutes ago -
Clean energy drives massive BHP takeover bid
45 minutes ago -
Copper price tops $10,000 for first time in two years
1 hour ago -
Ukraine agriculture minister held for alleged corruption
1 hour ago -
China calls Germany spy claims 'pure fabrication'
1 hour ago -
Singapore expects 1-3 pct growth this year
2 hours ago
-
Hong Kong's Hang Seng Tech Index rises over 5 pct
2 hours ago -
New Zealand business sector R&D expenditure hits 2.21 bln USD
2 hours ago -
3 dead after mini car falls into west Japan paddy field
2 hours ago -
Chinese shares higher at midday Friday
2 hours ago -
Myanmar plans to export 2,000 tons of coffee in 2024-25 fiscal year
2 hours ago -
Chinese shares close higher Friday
2 hours ago