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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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Carbon offsets alone won’t make flying climate-friendly

Grist

It’s packed with energy; per unit of weight, at least 60 times as much as the lithium-ion batteries used to propel electric cars. But according to a growing body of research, those efforts leave something out: Most of the planet-warming effects of flying aren’t from carbon dioxide. It’s also terrible for the climate.

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Boris Johnson touts £350m innovation funding to fuel 'green, sustainable recovery'

Business Green

The Prime Minister has marked his first year in office by unveiling a £350m green funding package today to support efforts to drive down carbon emissions from heavy industry, construction, space and transport, touting the move as a bid to "fuel a green, sustainable recovery" from the Covid-19 crisis.

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? 2023’s Most Headliney-Headlines #178

Climate Tech VC

Since the IRA passed, 265 clean energy and manufacturing projects worth $100B+ have been announced. conditional commitment to Ford’s battery manufacturing program. Proterra, the dominant electric bus maker, was just one high profile example. 👻 Spooky season for clean energy stocks.

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? Climate highs and lows #167

Climate Tech VC

Drought conditions are causing saltwater to creep into the drinking water of communities along the Mississippi River, and the DOE puts $325M toward long-duration energy storage projects. Corporate carbon footprint tracking collects $27M, and forestry and battery interests intersect to invest $18M toward bio-graphite for lithium-ion cells.

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? Spinning CO2 into clothes

Climate Tech VC

Now the CEO of Rubi Laboratories , Mashouf wants to clean up the industrial sector and create processes that harness the powerful systems of the natural world to create a sustainable manufacturing ecosystem. fashion industry , which accounts for ~10% of global CO2 emissions —more than aviation and shipping combined.

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Climate Tech Entrepreneurs React to the Inflation Reduction Act

Elemental Excelerator

Not to mention President Biden also signed the CHIPS and Science Act of 2022 , putting about $67 billion toward zero-carbon industries and climate research. airports can accommodate electrified aviation. Drought response investments that can help advance technologies that can replenish water without generating carbon emissions.