Michigan aims to meet 100% of energy demand with renewables by 2040
PV Tech
NOVEMBER 15, 2023
Michigan has announced plans to meet 100% of its energy demand with renewable energy sources, such as wind and solar, by 2040.
FedEx says it will be carbon-neutral by 2040
Renewable Energy World
MARCH 5, 2021
Company is going all-electric and funding a new Yale center for applied research focused on carbon-negative technologies. announced this week that it wants to achieve carbon-neutral operations globally by 2040. Key steps toward reaching the FedEx carbon neutral goal include: Vehicle Electrification. FedEx Corp.
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Manufacturing Sustainability Surge: Your Guide to Data-Driven Energy Optimization & Decarbonization
Trending Sources
UK aviation sets sights on net zero by 2040
Envirotec Magazine
JULY 20, 2022
A new “Jet Zero Strategy” seemingly commits UK domestic aviation to achieving net zero emissions by 2040, and for all airports in England to be zero-emission by the same year. of global carbon dioxide (CO2) emissions. From now on, it should all be downhill for carbon emissions – and steadily uphill for green flights.
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An inside look at pricing in the forest carbon market
GreenBiz
MARCH 2, 2021
An inside look at pricing in the forest carbon market. On June 23, Amazon commenced its $2 billion Climate Pledge Fund to further endeavors to become net-zero by 2040. And on July 21, Apple committed to become 100 percent carbon neutral across its entire business, supply chain and product life cycle by 2030. . Wilder Person.
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1.5TW of additional transmission needed for net zero by 2040
Smart Energy International
NOVEMBER 23, 2023
trillion could deliver savings of $3 trillion in the net zero transition by 2040, new analysis based on the Future Energy Outlook shows. With Europe’s power network already highly connected, only modest expansions are foreseen by 2040 but strengthened Euro-African links would help to decouple Europe from Russia.
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Low carbon packages: FedEx pledges to deliver 'carbon neutrality' across its operations by 2040 with $2bn investment drive
Business Green
MARCH 4, 2021
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.
Amazon to buy bio jet fuel to lower air cargo emissions
GreenBiz
JULY 8, 2020
The move shows the efforts that Amazon is willing to go to eke out carbon emissions across its vast network of planes, vehicles and distribution centers that deliver on-demand goods across the globe. 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.
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Demand-side emission reduction key to meeting decarbonization goals, report says
Renewable Energy World
OCTOBER 22, 2021
In the race to meet aggressive decarbonization and net-zero carbon goals and regulations, a new study shows that utilities cannot afford to just focus on clean energy supply investments. Related: Could energy efficiency and demand response solve Texas’ energy woes?
A.P. Moller - Maersk ships forward net zero target to 2040
Business Green
JANUARY 12, 2022
Global logistics giant becomes latest major firm to pull forward its net zero emission target to 2040. Moller - Maersk has today announced it is to pull forward its net zero emissions target by 10 years, making it the latest global company to commit to delivering net zero emissions by 2040.
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How Ambitious Is China’s Zero-Carbon Goal?
GreenTechMedia
OCTOBER 3, 2020
China, the world's biggest carbon emitter, is making a promise to get to zero emissions 40 years from now. Resources: The Guardian : China Pledges to Become Carbon Neutral Before 2060. Axios : Walmart Aims for Zero Greenhouse Gas Emissions by 2040. GTM : Google Pledges 24/7 Carbon-Free Energy by 2030. Is it legal?
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Copper industry trade association pledges to reach net zero by 2050
Envirotec Magazine
MARCH 9, 2023
Regarding Scope 3 emissions, members will work with value chain partners to reduce emissions 10 percent by 2030, 30-40 percent by 2040, and 60-70 percent by 2050, said a statement. If required at all, carbon offsets and commercially unrealized technologies like carbon capture would be limited to minimal, highly specific cases.”
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Midwestern Utility Evergy Pledges Carbon Cuts in Line With Paris Accord
GreenTechMedia
FEBRUARY 3, 2020
Evergy has become the latest utility to pledge to long-term carbon cuts even though the states it serves, Kansas and Missouri, aren’t demanding them. To get to 80 percent, the company plans to retire all coal plants in the 2040-2050 timeframe, except its Iatan 2 plant in Missouri, the newest and cleanest in its fleet.
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Amazon aims to clean up aviation
GreenBiz
JANUARY 27, 2021
Infinium makes biofuel by taking hydrogen made with clean power and electrolysis, combining it with carbon dioxide and running it through two thermochemical processes — turning it into a replacement fuel for airplanes, ships and large trucks. Air shipping, a growing sector, is the most carbon-intensive way to ship a product.
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The Road to Powering Amazon on 100% Renewable Energy by 2025
GreenBiz
MARCH 31, 2021
Most recently the company committed to powering global operations on 100% renewable energy by 2025 as part of The Climate Pledge, a commitment to be net-zero carbon by 2040, 10 years ahead of the Paris Agreement. Back in 2014, Amazon started making major investments in renewable energy. taylor flores. Wed, 03/31/2021 - 11:12.
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Amazon hands Mercedes-Benz its biggest electric vehicle order to date
GreenBiz
AUGUST 28, 2020
The world's largest automakers have been relatively slow to build and market electric trucks and buses, citing a lack of demand from customers and technology that isn't ready for prime time. Mercedes-Benz says it will become net carbon-neutral by 2040. . However, those were internal combustion vehicles.
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Portland General Electric Turns to Data to Achieve “Net Zero by 2040” Goal
Bidgely
JUNE 22, 2021
Hear Portland General Electric’s Larry Bekkedahl in a fireside chat, as we discuss the role that data is playing in helping the utility achieve “Net Zero by 2040” in the on-demand session from UA Summit 2021 called “ Unlocking Operational Outcomes: Digital Transformation and Clean Energy Initiatives with AMI Data.”. Data can help. “If
Jet Zero: Government preps green fuels mandate on path to net zero flight by 2040
Business Green
JULY 19, 2022
The UK aviation industry is set to face strict mandates for delivering low carbon biofuels, stronger carbon price signals, jet fuel efficiency goals, and a goal for operating zero-emission domestic routes under the government's new plan for achieving net zero emission flights within 20 years.
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The carbon capture race, and what it means for jobs
Envirotec Magazine
JULY 22, 2021
Carbon capture is becoming big business. Carbon capture will have to accelerate rapidly, then, if we are to avoid a catastrophe induced by climate change. not co-located to sites of emission) to capture 1M tons of carbon a year, equivalent to 40 million trees. We all know why. First things first, there’s CO2 levels.
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Crypto Climate Accord: UN-backed plan targets net zero digital currencies by 2040
Business Green
APRIL 8, 2021
A major UN-backed initiative aimed at tackling the growing climate impact of the burgeoning crypto currency industry has been launched today, in bid to encourage all of the world's energy-intensive fintech blockchains to run on 100 per cent renewable power by 2025 and achieve net zero by 2040.
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Carbon Capture: Silver Bullet or Mirage?
GreenTechMedia
DECEMBER 7, 2020
Prospects for carbon capture received a boost in September when the International Energy Agency (IEA) said the emerging technology is “ critical ” to a clean-energy transition. Both technologies could mitigate climate change by removing emissions from existing fossil fuel generation or even pulling carbon out of the atmosphere.
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HSBC pledges to cut off coal financing by 2040 following investor pressure
Business Green
MARCH 11, 2021
Banking giant commits to ending support for coal by 2040 after reaching compromise with shareholders. The board-backed proposal commits the bank to phasing out all project finance, corporate finance, and underwriting of coal-fired power and thermal coal mining by 2030 in the EU and OECD, and by 2040 globally.
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UPS Goes Carbon Neutral With Offset Program
Green Business Bureau
APRIL 1, 2020
An offset program like UPS’s carbon neutral service , though, can help minimize these emissions, paving the way for a new era of sustainable shipping. Business owners or executives can then implement this service into their supply and demand operations, demonstrating a commitment to reducing emissions.
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Data centre virtualisation and cloud computing can play a pivotal role in power sector emissions reductions, says report
Envirotec Magazine
MARCH 18, 2021
A new report from power market analytics firm Aurora Energy Research suggests that increased deployment of (and continued improvements in) virtualisation technology could reduce potential future European computing emissions 55% by 2040.
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This California Utility Is Now Measuring Building Electrification in “Avoided Carbon”
GreenTechMedia
OCTOBER 1, 2020
SMUD is the first utility in the country to count avoided carbon emissions from the existing building stock as part of its progress on energy efficiency. The switch to "avoided carbon" is part of SMUD’s ambitious effort to accelerate decarbonization of its existing building stock. A holistic vision.
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First-of-its-kind project will harness hydropower from wastewater
Envirotec Magazine
JUNE 2, 2023
The scheme is well underway and is being led by Scottish Water’s commercial subsidiary Scottish Water Horizons and the group says it is expected to generate 0.42GWh of green electricity each year – the equivalent of boiling around 1,800,000 kettles a year – and offset 13 per cent of the treatment works’ annual electricity demand.
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Pairing Up Renewable Technologies Can Lead to a Higher Green Score
GreenBiz
OCTOBER 7, 2021
There are more opportunities to expand impact through developing new projects and providing a more robust renewable generation match for load demand. By 2025, the company will be the first major energy company to achieve carbon neutral energy generation and operations and by 2040, the entire supply chain will be carbon neutral.
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Hydrogen in aviation report anticipates widespread deployment in the 2030s
Envirotec Magazine
JULY 19, 2023
New fuels and technologies will account for between one half and three-quarters of the reduction of carbon emissions in aviation by 2050, according to a new report from sustainable development consultancy Arup and gas distribution network Wales and West Utilities (WWU).
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Better Together: The Climate Pledge
GreenBiz
AUGUST 20, 2020
Join us for a conversation about the power of companies (big and small) coming together to tackle the climate crisis, and hear why Global Optimism and Amazon co-founded The Climate Pledge—a bold commitment to become net zero carbon by 2040—10 years ahead of the Paris Agreement. . Speakers: . taylor flores. Thu, 08/20/2020 - 08:42.
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Zero carbon cargo: Amazon, Unilever, and Ikea back new zero emission shipping initiative
Business Green
OCTOBER 20, 2021
Nine global corporates back new ambition statement that sees them commit to transitioning their freight vessels to zero carbon fuels by 2040. In the statement, zero carbon fuels are defined as fuels that release no or very little greenhouse gases over their lifecycle, including no emissions at production stage.
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Connecticut Green Bank Approves $110M in Financing for Large-Scale Projects
Solar Industry
FEBRUARY 7, 2024
million, the allocation was increased to $110 million due to ongoing demand by customers seeking to utilize solar to reduce their costs as well as take advantage of opportunities created through the Inflation Reduction Act. At the same time, these projects help achieve the governor’s goal to achieve a zero-carbon electric grid by 2040.”
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Fossil fuels are losing ground to renewable energy in Europe
The Verge: Energy
FEBRUARY 6, 2024
Carbon-pollution-free power generation — which includes renewables and nuclear energy — made up more than two-thirds of the electricity mix, and twice as much as fossil fuels. “An All in all, that meant a hefty 19 percent reduction in both fossil fuel generation and planet-heating carbon dioxide emissions.
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Veolia completes refuse truck vehicle-to-grid trial in the UK
Charged
JANUARY 26, 2024
The company also says it plans to electrify its entire fleet of 1,800 refuse collection vehicles in the UK by 2040. Veolia says it intends to expand the trial to a real-world pilot program using Westminster Council waste collection vehicles. This would allow it to provide the grid with a daily flexible power capacity of about 200 MW.
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'Profound threat': How the clean energy transition could blow $8tr hole in petrostates' finances
Business Green
NOVEMBER 29, 2023
With many forecasts signalling declining oil and gas demand by 2030, Carbon Tracker warns petrostates face $8tr drop in revenues by 2040
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'Immediate action and fresh thinking': Intel plots road to net zero by 2040
Business Green
APRIL 14, 2022
Intel Corporation has set its sights on achieving net zero emissions within its own operations by 2040, in addition to slashing emissions and energy use across its products and value chain, as the IT semiconductor giant unveiled details of its decarbonisation strategy yesterday. With leadership comes responsibility.
BP Names Next CEO as Zero-Carbon Era Looms
GreenTechMedia
OCTOBER 4, 2019
I look forward to tapping into that desire and building on the strong foundation that Bob has built as we meet society’s demand for cleaner, better energy," he added. One obvious way to deliver more energy with less carbon, Looney said, is "more renewables and gas, pushing coal out of power.". Playing catch-up on renewables.
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65% of industry emissions can be reduced with long duration energy storage, says new report
Envirotec Magazine
NOVEMBER 14, 2023
Industrial carbon dioxide emissions account for around one quarter of greenhouse gasses emitted annually worldwide. Providing energy storage beyond ten hours can enable remote mines, data centers, and other off-grid industrial operations to run on 24-7 carbon-free power.
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Building Industry Gets Serious About Its Embodied Carbon Problem
GreenTechMedia
SEPTEMBER 30, 2020
“The materials you put in the building will be there forever, they cannot be decarbonized,” said Victoria Herrero-Garcia, an engineer who analyzes the carbon used in buildings over their life cycles for Ambient Energy in Denver. In the case of cement, the very chemical reaction at its heart generates massive carbon dioxide.
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Amazon's carbon intensity falls, but CO2 emissions soar 19 per cent due to pandemic sales boom
Business Green
JUNE 30, 2021
EXCLUSIVE: Online retailer publishes sustainability update, confirming carbon intensity fell 16 per cent last year as efforts to decarbonise fleets and shift to renewable energy gathered pace. As such, Amazon's absolute carbon emissions increased by 19 per cent in 2020, from 51.2 million metric tonnes or CO2e in 2019 to 60.6
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Xcel Targets $1.4B in Wind and Solar Investments, Outlines Broader Carbon-Reduction Goals
GreenTechMedia
OCTOBER 30, 2020
billion in new wind and solar investments in the next 12 months and is outlining plans for electric vehicle charging, energy storage and green hydrogen production pilot programs to meet its goal to reach net-zero carbon emissions by 2050. Xcel made waves in late 2018 by setting its own net-zero carbon plans in advance of state mandates.
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Smart Pension halves default growth fund carbon emissions
Business Green
FEBRUARY 27, 2023
Scheme says it is on course to accomplish net zero emissions by 2040 Smart Pension has cut the carbon emissions of its default growth fund by 50 per cent as the master trust continues its efforts to reach its net zero targets. This is exactly why we have an unwavering focus on achieving our 2040 net-zero target.
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Zero Carbon Humber: Velocys and INEOS join industrial decarbonisation hub
Business Green
FEBRUARY 2, 2022
Aviation biofuels producer and petrochemicals giant join consortium aiming to deliver 'world's first' net zero industrial cluster by 2040. INEOS Acetyls chief executive David Brooks said joining the industrial decarbonisation consortium reinforced its commitment to "producing essential products while reducing emission to net zero by 2050".
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WoodMac: 2020s Will Be the ‘Decade Of Hydrogen’
GreenTechMedia
AUGUST 25, 2020
Green hydrogen is considered by many to be a vital component of any credible net-zero carbon plan, and it can be used to decarbonize a number of industrial processes and heavy transport. And Wood Mackenzie's research indicates that the cost of green hydrogen will fall by 64 percent by 2040 as the market scales up.
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Shell Exploring World’s Largest Green Hydrogen Project
GreenTechMedia
FEBRUARY 27, 2020
The project could be expanded to 10 gigawatts of offshore wind by 2040 dedicated to green hydrogen production. A Dutch carbon tax, that would cover emissions from producing hydrogen using methane, is expected to reach €125 ($137) per ton of CO2 equivalent emissions by 2030. The market for green hydrogen.
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RTE proposes €100bn plan for France’s transmission network
Smart Energy International
MARCH 25, 2024
French TSO RTE has proposed investments prioritising developments of its network of the order of €100 billion by 2040. However, since then, the state has redefined its energy policy, including a revival of nuclear power, the acceleration of renewables and reindustrialisation through the development of low-carbon industrial zones.
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