Remove Aviation Remove Carbon-neutral Remove Fossil fuels Remove Investment
article thumbnail

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.

article thumbnail

Amazon to buy bio jet fuel to lower air cargo emissions

GreenBiz

The companies said the jet fuel will be made from agricultural waste fats and oils (such as used cooking oil and inedible fats from beef processing). 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. A drop in the fuel tank.

Aviation 527
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Report details China’s complex energy landscape and its enormous green energy shift

Envirotec Magazine

It also looks at the persistence of fossil fuels in its energy mix. On the other hand, DNV forecasts fossil fuels will still account for 40% of its energy mix in 2050. China, already a leader in renewable energy investments, will more than quintuple renewable energy installations by 2050.

article thumbnail

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. The centre will initially focus on tackling emissions form the aviation sector but will ultimately broaden its scope to address other global sources of emissions, the company explained.

article thumbnail

Revealed: Two Thirds of Online Posts from Six Major European Fossil Fuel Companies ‘Greenwashing’

DeSmogBlog

Nearly two thirds of social media posts put out by six major European fossil fuel and energy companies since the end of 2019 present a “green” image of the company, despite the majority of their business activity remaining in fossil fuels, reveals new analysis by Desmog.

article thumbnail

American Airlines and Kuehne+Nagel ink pioneering sustainable aviation fuel agreement

Business Green

American Airlines has announced it has reached an agreement in principle with Kuehne+Nagel to allocate a portion of the emissions reduction benefit the airline generates from its use of sustainable aviation fuel (SAF) to the logistics company in a move designed to signal growing customer demand for lower carbon fuels.

article thumbnail

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.