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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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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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Aviation training giant CAE claims 'carbon neutrality' milestone

Business Green

Firm claims to have achieved the milestone through a combination of carbon offsets, renewable energy certificates, and absolute emissions reductions. At the same time, it said it was collaborating with the wider industry on the development of electric aircraft, in in a bid to further reduce the sector's emissions.

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Amazon to buy bio jet fuel to lower air cargo emissions

GreenBiz

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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Archer Aviation receives $10 million from United Airlines for 100 eVTOL aircraft

Charged

Archer Aviation (NYSE: ACHR) has received a $10-million pre-delivery payment from United Airlines for 100 of the company’s initial production electric vertical takeoff and landing (eVTOL) aircraft. We believe eVTOLs have the potential to help achieve carbon-neutral travel.”. Source: Archer Aviation.

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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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Cryo-Compressed Hydrogen in Aviation

Hydrogen Fuel News

Among the most promising frontiers is the advent of cryo-compressed hydrogen, a powerful energy carrier poised to revolutionize the aviation industry. Moreover, we delve into its burgeoning application in aviation, where the prospects of zero-emission air travel are no longer just a lofty aspiration but inching towards tangible reality.