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FedEx pledges to be carbon neutral by 2040

GreenBiz

FedEx pledges to be carbon neutral by 2040. Global logistics giant FedEx on Wednesday announced a goal to be carbon neutral by 2040. The plan includes a $2 billion investment across electric vehicles, clean energy for operations and a new academic center with Yale focused on capturing carbon. Carbon Capture.

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Southern California Edison’s Vision for How the State Achieves Carbon Neutrality

GreenTechMedia

Natural-gas consumption is set for a sharp drop in California as the state pushes to achieve carbon neutrality by midcentury, according to utility Southern California Edison. SCE, the state’s second-largest utility, anticipates California investing up to $250 billion into clean energy and grid investments by 2045.

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Burgeoning hydrogen industry draws $41 million in federal lobbying from fossil fuel companies

DeSmogBlog

Fossil fuel companies, which have promoted hydrogen as a catch-all solution to climate change, rank among the top spenders and outnumber clients from every industry, including the renewable energy sector, the analysis shows. That is an extremely lucrative place for the fossil fuel industry to be,” she said. “If

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Fossil Fuel Companies Made Bold Promises to Capture Carbon. Here’s What Actually Happened.

DeSmogBlog

Carbon capture and storage (CCS) was high on the agenda at New York Climate Week last week, where critics of the technology raised concerns it would be used to extend the life of the fossil fuel industry. The data showed us that their carbon capture plans are not working at scale.” What CCS Projects Promise.

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Church of England Fossil Fuel Ties Revealed Amid Divestment Dispute

DeSmogBlog

Senior figures in charge of the Church of England’s investments have close current or past ties to high-carbon companies including Shell, Drax and BP, DeSmog can report. Yet three years later, the Church continues to hold shares in Shell, TotalEnergies, and ExxonMobil – all of which are planning significant fossil fuel expansion.

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Revealed: Fossil Fuel Giants Are Using British Influencers to go Viral

DeSmogBlog

DeSmog analysed examples of more than 100 influencers being paid to promote fossil fuel firms worldwide since 2017, from the US to Malaysia, in campaigns that have reached billions of people. While there’s more knowledge in general around climate change and the harms of fossil fuels, I think that people have a lot of trust in creators.

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Europe’s power system – vision for carbon neutrality

Smart Energy International

This will need to be timed with the future system needs and the gradual phase-out of fossil fuel generation. These will require both significant investments in infrastructure and a regulatory framework and market design ‘fit for purpose’ that delivers the required price and investment signals and the necessary ancillary services.