Delta Moves To Become First Carbon-Neutral Airline

Axios reports:

Delta Airlines is spending $1 billion over the next decade to essentially cancel out all of its future greenhouse gas emissions beginning March 1, the company announced Friday.

The big picture: Delta is the world’s biggest airline by revenue, and this news is the latest in a rapidly growing trend of corporations announcing climate-change goals in response to public and investor pressure.

Driving the news: Delta is able to immediately become carbon-neutral by purchasing what are called carbon offsets, financial tractions that ostensibly help cancel out carbon emissions by preventing emissions elsewhere in the world, like planting trees or supporting renewable energy.