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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.

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Italian gas giant Snam targets carbon neutrality by 2040

Business Green

Europe's biggest gas pipeline company unveils multi-billion Euro investment plan to transition to hydrogen and biomethane. The plan designates €6.7bn of investment towards regulated energy infrastructure, focused on hydrogen-ready replacements for gas, as well as digitisation and decarbonisation programmes.

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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. By 2025, half of all FedEx Express global PUD vehicle purchases would be electric, rising to 100 per cent by 2030, it said. FedEx CEO and chairman Frederick W.

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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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The Greenwashing Files: Fossil Fuel Giants Accused of ‘Deceptive’ Advertising

DeSmogBlog

Fossil fuel companies could face legal challenges over their misleading advertising, after a DeSmog investigation uncovered the extent of their “greenwashing” Environmental lawyers ClientEarth have put companies on notice with the publication of the Greenwashing Files. ExxonMobil – “Powering Progress”.

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Is 'net zero' much ado about nothing?

GreenBiz

Corporate signatories to the Climate Pledge have committed to net zero by 2040. Is net zero the same as carbon neutral? You can become carbon neutral simply by buying offsets — for a year’s worth of driving or air travel, for example. However, Germany just committed to reaching this goal by 2045. But many are.

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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.