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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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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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EU recovery package: Net zero launch pad or missed opportunity?

Business Green

As MEPs enter talks over EU Council's €1.8tr recovery package and budget deal, many key green questions remain. Indeed, the European Green Deal programme aimed at transitioning Europe to become the world's first climate neutral continent by 2050 has been a major driving force behind the pandemic recovery and budget agreement.

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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. 🔋 Renewables + storage turned out to be price competitive against fossil fuels after Lazard’s Levelized Cost of Electricity analysis included intermittency costs for the first time. Disaster seemed to be everywhere.

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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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Green recovery or bust? Six green things we learnt from the Budget (and a lot of things we didn't)

Business Green

In his speech yesterday, Sunak extolled the virtues of the growing green economy, setting out a vision of a "future economy" dominated by offshore wind power, carbon capture and storage, innovative clean technologies, and "decent well-paid green jobs".

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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. This is the largest climate funding package Congress has ever passed. airports can accommodate electrified aviation. Allume Energy , Transcend ). CarbonCure ).