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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. Katie Fehrenbacher.

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Renewable Power Topped Fossil Fuels in UK During Q3

GreenTechMedia

Renewable energy sources generated more electricity than fossil fuels in the U.K. for the whole of the third quarter, the first time that has happened, according to research by the Carbon Brief. The remaining three coal plants have no retirement schedule in place but the government’s 2025 shut-off date looms large.

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Fossil Fuel Giants Ignoring IEA ‘Net Zero’ Report Despite Pledges, Analysis Finds

DeSmogBlog

Fossil fuel companies are pressing ahead with new oil and gas developments, despite a recent warning from the International Energy Agency (IEA) that this will make the Paris Agreement goals impossible to meet, an analysis has found. The company was “leading in carbon efficient production of oil an gas,” she added.

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'Moral need for action': University of Cambridge targets full fossil fuel divestment by 2030

Business Green

The University of Cambridge has committed to divest from all direct and indirect investments in fossil fuels by 2030, as the institution works towards its goal of reaching net zero greenhouse gas emissions by 2038.

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Global Briefing: NATO confirms carbon neutral mission

Business Green

Military alliance announces target to cut emissions 45 per cent by 2030, Australia explores carbon pricing plans, and all the big green stories from around the world this week. However, military emissions are often exempted from countries' official carbon targets. NATO confirms plan to deliver net zero emissions by 2050.

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Amazon to buy bio jet fuel to lower air cargo emissions

GreenBiz

The companies said the jet fuel will be made from agricultural waste fats and oils (such as used cooking oil and inedible fats from beef processing). Amazon has pledged to reach net-zero carbon emissions by 2040, and says it will make sure half of Amazon shipments are net-zero by 2030. A drop in the fuel tank.

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Low carbon packages: FedEx pledges to deliver 'carbon neutrality' across its operations by 2040 with $2bn investment drive

Business Green

Air cargo operator pledges to invest in sustainable fuels, carbon capture research, and fleet electrification in bid to meet new climate goals. The company said it was targeting a fully zero emission parcel pickup and delivery (PUD) fleet by 2040, a push that will be accomplished by gradually phasing out its existing fossil fuel fleet.