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. 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.

article thumbnail

Energy saving innovations dominate Scottish Environment Business Awards

Envirotec Magazine

More than half of the winners cited energy saving as key to their plans for success and a third were named winners for their innovation in becoming more efficient. A new Energy Transition Scotland Award was also added to the categories this year. It is also now targeting becoming a net carbon neutral business.

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

Government funding for innovations that “could revolutionise British rail travel”

Envirotec Magazine

From technology making the railways greener than ever before by removing harmful emissions from train exhausts to research into powering our railways with renewable energy, this year’s successful bidders will revolutionise the future of train travel for generations to come.”. G-VOLUTION LTD. 3SQUARED LTD. VARAMIS LTD.

article thumbnail

Audi to convert factories for EV production, phase out ICE models by 2033

Charged

Audi has announced a couple of definite (if rather timid) steps in that direction: the brand is beginning to prepare its global facilities for the production of EVs; it will only launch all-electric models as of 2026; and it will gradually phase out production of its combustion models by 2033. Source: Audi.

article thumbnail

How Carbon Pledges Are Driving a UK Offshore Wind Hub to Switch to Green Hydrogen

GreenTechMedia

A port and fabrication yard in Scotland is planning to convert to green hydrogen as it looks to serve the carbon-conscious offshore wind sector. Global Energy Group’s (GEG) Nigg Energy Park has a storied history serving the oil and gas sector. Fuel cells could be installed to replace diesel backup power.

Hydrogen 130
article thumbnail

Panasonic: How a green technology drive can help deliver on internal carbon goals

Business Green

Latest batch of carbon analysis from electronics giant reveals how clean technologies can help slash emissions from transportation and distribution. The German-headquartered company first started collecting carbon data in 2020, and as such the data unveiled yesterday provides the first year-on-year comparison of its climate impact.

article thumbnail

Inflation Reduction Act Activation Guide: Renewable Energy Procurement

EDF + Business

Decreased Renewables Cost: Levelized Cost of Electricity (LCOE) to project sponsors is expected to decrease by 40-60%, which will likely result in cost reductions for commercial electricity users. Notes: PTC stands for Production Tax Credit. ITC stands for investment tax credit. Sources: Deloitte Analysis, H.R.5376