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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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The EU proposes slashing pollution 90 percent by 2040

The Verge: Energy

Illustration by Hugo Herrera / The Verge The European Commission today recommended reducing carbon dioxide emissions from fossil fuels by 90 percent by 2040 compared to 1990 levels. It also carves out room for controversial technologies for capturing carbon dioxide pollution. million metric tons of carbon dioxide last year. (

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FedEx says it will be carbon-neutral by 2040

Renewable Energy World

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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Multi-million pound investment needed in carbon capture technology to mitigate CO2 emissions, report finds

Envirotec Magazine

Multi-million-pound investment is urgently needed in technologies including direct air capture (DAC) if the UK is to make ‘green’ airports a reality in the future, research by Cranfield University seems to reveal. DAC works by capturing CO2 in the air and then either sequestrating it or using it to manufacture carbon neutral fuel.

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UK aviation sets sights on net zero by 2040

Envirotec Magazine

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

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. In January 2020, Microsoft committed to invest $1 billion over the next four years as part of their Climate Innovation Fund. Wilder Person.

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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.