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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. Katie Fehrenbacher.

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Green day unravelled: Pundits respond to policy package

Envirotec Magazine

An apocalyptic “meh” seemed to greet the government’s bumper package of energy- and climate-related policy announcements and documents released on 30 March, which appeared short on new ideas and sources of funding. Hydrogen: Not a time to get blue?

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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. The company said it was targeting a fully zero emission parcel pickup and delivery (PUD) fleet by 2040, a push that will be accomplished by gradually phasing out its existing fossil fuel fleet.

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Let's only start flying again with a green jet fuel revolution

Business Green

The UK should direct policy and investment towards synthetic, low carbon jet fuels as part of its green recovery package, argues author and energy expert Chris Goodall. To maintain a safe climate for human habitation, scientists say the world must abandon the use of fossil fuels by 2050 or before.

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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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European Business Groups Voice Support for New ‘Fit for 55’ Climate Agenda While Lobbying to Water It Down

DeSmogBlog

On July 14, the European Union (EU) announced a sweeping package of climate proposals that will help the continent cut greenhouse gas emissions by 55 percent by 2030, from a 1990 baseline. Our current fossil fuel economy has reached its limit,” European Commission President Ursula von der Leyen said at a press conference. “We

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Green Recovery: Germany unveils plans for €40bn climate spending surge

Business Green

Raft of energy efficiency, green transport, and hydrogen programmes put at heart of €130bn stimulus package, as Bank of England confirms financial support for airlines. The German government has unveiled plans for a massive €130bn stimulus package that features at least €40bn climate-related spending.