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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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Aviation is plotting a sustainable course

GreenBiz

Aviation is plotting a sustainable course. Modern aviation had never seen a year like 2020. And it begs the question: Can sustainable aviation finally get off the ground? Regardless, pressure has been on aviation to join other sectors in dramatically cutting greenhouse gas emissions. Joel Makower. Mon, 03/22/2021 - 00:05.

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'More than affordable': Aviation could offset its way to 'carbon neutrality' with minimal impact on profitability

Business Green

Analysis from Thrust Carbon urges aviation sector to make up front investments that rapidly scale the carbon offsetting market to the scale needed to cover its emissions. With the sector raking in $25.9bn of post-tax profits in 2019, the price of carbon neutrality is therefore "more than affordable" for the sector, it concludes.

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The world’s first ‘carbon-neutral’ cargo ship is already low on gas

Grist

When shipping giant Maersk announced last month it would operate a “carbon-neutral” vessel by 2023, the Danish company committed to using a fuel that’s made from renewable sources, is free of soot-forming pollutants — and is currently in scarce supply. E-methanol is made by combining hydrogen with carbon dioxide.

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'Destination 2050': European aviation players aim to chart pathway to net zero emissions

Business Green

Europe's largest aviation associations have published a roadmap for how the carbon-intensive industry could achieve carbon neutrality by mid-century, a vision that combines technological innovations, sustainable aviation fuels, enhanced air traffic management, and taxing airlines' CO2 emissions. per cent annually.

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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. FedEx also announced it is investing $100m to set up a new centre for national carbon capture at Yale University where researchers will look into ways to scale up carbon sequestration technologies.

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We need to get serious about speeding up the switch to sustainable aviation fuel

Business Green

The government must act now to scale power-to-liquid fuels that would allow the aviation industry to reduce their emissions, while long-term solutions are in development, argues Green Alliance's Helena Barrett. As a sector, aviation has so far got off lightly in the push to meet net zero.