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Germany launches a program that will make tens of billions of euros available for firms facing considerable energy costs, with an aim to help its challenged industrial sector fund a shift towards carbon-neutral production techniques.

A consumer class action lawsuit filed Tuesday alleges Delta Air Lines inaccurately billed itself as the world's “first carbon-neutral airline” while relying on carbon offsets that were largely fraudulent.

Japan Wind Power Association (JWPA) announced on Monday its plan to expand wind capacity to 140 GW by 2050 from less than 5 GW now to meet a third of the country’s electricity demand and help it hit its 2050 carbon neutrality target.

Singapore-based Grab and Indonesia's GoTo, the two biggest ride-hailing and delivery firms in Southeast Asia, are falling far behind their carbon neutrality pledge as their greenhouse gas emissions surged in 2022.

A growing number of multinational and large local companies are committing to become carbon neutral. While such a move has yet to be mandated by the government, a major multinational firm last year signed a Memorandum of Understanding (MoU) with Foxwell P

Apple on Wednesday said that its manufacturing partners are supporting over 13 GW of renewable electricity around the world, a nearly 30% increase in the last year.

Germany seeks to launch a subsidy program for industries in April to help them transition to carbon-neutral production, according to a document released on Tuesday, as Europe's largest economy explores measures to make industry carbon-neutral by 2045.

China will again decrease its yearly crude steel production in 2023, according to a source familiar with the matter. This move will mark the third consecutive year in which the government has imposed forced cuts to output to curb carbon emissions from the

Indonesia is one of the world's leading coal producers. Nonetheless, it has pledged to cut back on its usage of fossil fuels in the near future.

Last year, Indonesia signed five agreements to cut its carbon emissions. Among these was the $20 billion Ju

European Union countries are ready to approve a diplomatic statement on Monday calling for a global phase-out of fossil fuels, as they prepare for this year’s COP28, a draft document revealed.