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. That fuel also accounts for 6 percent of its annual operating budget. Carbon Capture.

Electric boilers fuel Diageo’s carbon-neutral whiskey distillery dream

GreenBiz

Electric boilers fuel Diageo’s carbon-neutral whiskey distillery dream. But Diageo’s new 72,000-square-foot distillery is designed to be completely carbon-neutral. Jesse Klein. Thu, 07/30/2020 - 00:30. Even whiskey is going electric.

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Louisiana governor pledges to turn the oil and gas state carbon-neutral

Inhabitat - Innovation

For a state that has been so reliant on fossil fuels, the announcement has come as a surprise to many

The Greenwashing Files: Fossil Fuel Giants Accused of ‘Deceptive’ Advertising

DeSmogBlog

Fossil fuel companies could face legal challenges over their misleading advertising, after a DeSmog investigation uncovered the extent of their “greenwashing” Environmental lawyers ClientEarth have put companies on notice with the publication of the Greenwashing Files.

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.

What’s the difference between net-zero and carbon-neutral policies?

Renewable Energy World

As understanding of the climate crisis increases and the harm to ourselves, the environment, business, industry, and the economy that will follow, so a desire to not only reduce carbon but to be seen reducing carbon increases. This requires an initial carbon footprint measurement.

China considers going ‘Carbon Neutral’, peaking Emissions

Mr. Sustainability

Summary - China considers going carbon neutral. China is considering carbon neutrality as part of its long term climate plan, the country’s foreign ministry announced following a summit with EU leaders. What else did you expect with this title?

On the road to carbon neutrality

Business Green

We began our sustainability journey over 25 years ago, and since then have made good progress, particularly in cutting carbon emissions. By 2030, Dow will reduce its net annual carbon emissions by five million metric tons versus its 2020 baseline.

February Cleantech Roundup: Corporate Carbon Neutrality | New Mobility Modes | Climate Politics

Clean Energy Trust

Carbon neutral by 2050 is the go-to metric (to align with IPCC report goals). Dominion and BP made 2050 pledges; Consumers Energy in Michigan took a big step by committing to carbon neutrality by 2040, moving itself to the front of the pack in this space. (It

Fossil Fuel Giants Ignoring IEA ‘Net Zero’ Report Despite Pledges, Analysis Finds

DeSmogBlog

Fossil fuel companies are pressing ahead with new oil and gas developments, despite a recent warning from the International Energy Agency (IEA) that this will make the Paris Agreement goals impossible to meet, an analysis has found.

The world’s first ‘carbon-neutral’ cargo ship is already low on gas

Grist

When shipping giant Maersk announced last month it would operate a “carbon-neutral” vessel by 2023, the Danish company committed to using a fuel that’s made from renewable sources, is free of soot-forming pollutants — and is currently in scarce supply.

California Moves to Tackle Another Big Emissions Source: Fossil Fuel Use in Buildings

GreenTechMedia

California regulators have allocated $45 million to incentives for heat pump water heaters through 2025, in another step on the path toward the state's 2045 carbon neutrality goal.

Italian gas giant Snam targets carbon neutrality by 2040

Business Green

Italian gas and energy infrastructure giant Snam has set its sights on becoming a carbon neutral company by 2040, pledging to invest €7.5bn over the next four years in hydrogen, biomethane, energy efficiency, and digitisation to help drive its transition away from fossil fuels.

Governments Are Sending Oil Executives to COP26 Despite Climate Pledges. Here’s a Look at the Fossil Fuel Influence in Glasgow

DeSmogBlog

Fossil fuels are everywhere at this COP except in the decisions being negotiated by governments,” Nikki Reisch, the director of climate and energy at the Center for International Environmental Law, wrote to DeSmog from Glasgow.

The ‘Big Con’ Revealed: Report Details Fossil Fuel Industry’s Deceptive ‘Net Zero’ Strategy

DeSmogBlog

” Among the key findings of the report: Big polluters, including the fossil fuel and aviation industries, lobbied heavily to ensure passage of Q45, a tax credit subsidizing carbon capture and storage. By Brett Wilkins, Common Dreams.

Southern California Edison’s Vision for How the State Achieves Carbon Neutrality

GreenTechMedia

Natural-gas consumption is set for a sharp drop in California as the state pushes to achieve carbon neutrality by midcentury, according to utility Southern California Edison. Gas and other fossil fuels will continue to play a role, albeit one that is rapidly diminishing.

Japan aims to be carbon-neutral by 2050

AGreenLiving

Japan has a goal to achieve carbon-neutrality by the year 2050. Although Suga did not give an elaborate plan on how he intends to achieve this new objective, he said that it is possible to achieve carbon-neutrality without jeopardizing the economy.

Electric boilers fuel Diageo's carbon-neutral whiskey distillery dream

Business Green

But Diageo's new 72,000-square-foot distillery is designed to be completely 'carbon-neutral'. Moving away from fossil fuels for this heat production was the first step and the first big obstacle for Diageo.

Greener teeth: GSK unveil first 'carbon neutral' toothbrush

Business Green

New design reduces carbon footprint of classic Dr.BEST toothbrush by 50 per cent, with remaining emissions are set to be offset through a community project in Madagascar.

Renewable Power Topped Fossil Fuels in UK During Q3

GreenTechMedia

Renewable energy sources generated more electricity than fossil fuels in the U.K. for the whole of the third quarter, the first time that has happened, according to research by the Carbon Brief. Fossil fuels’ share of the electricity mix was 10 times larger than renewables’ a decade ago, Carbon Brief's data shows. insisting that it could manage a carbon neutral grid as early as 2025.

Report: UK accused of racking up £12.8bn in annual fossil fuels support

Business Green

Analysis claims UK continues to plough billions of pounds into fossil fuel sector despite government's ambitions of being a world leader on climate action. Yet beyond the targets and policy announcements, its own agencies have continued to plough public funds into fossil fuels.

'Moral need for action': University of Cambridge targets full fossil fuel divestment by 2030

Business Green

The University of Cambridge has committed to divest from all direct and indirect investments in fossil fuels by 2030, as the institution works towards its goal of reaching net zero greenhouse gas emissions by 2038.

'Symbolic moment': Renewables speed past fossil fuels as EU's biggest source of electricity

Business Green

Clean energy generated more electricity than fossil fuels in the EU over the first six months of 2020, largely due to a raft of new solar and wind installations dominating an electricity market pinched by Covid-19, new findings have shown.

UK Ministers Met 1-on-1 with Fossil Fuel and Biomass Producers Nine Times as Often as Renewables Since Kwasi Kwarteng Took Energy Portfolio

DeSmogBlog

Policymakers met with fossil fuel and biomass producers nine times as often as with their renewable energy counterparts, DeSmog can reveal, raising fresh concerns over the depth of the government’s commitments to reaching net zero emissions by 2050. Carbon Capture.

'Leaving fossil fuels in the dust': How greener firms are outperforming the wider market

Business Green

Latest Carbon Clean 200 list companies outperformed average benchmark by 47 per cent over the past year. Overall, they calculated that investing $10,000 in the Carbon Clean 200 companies in July 2016 would have seen this investment grow to more than $21,000 by the end of last month.

The Future(s) of Fossil Fuels - 2020

Mr. Sustainability

A sudden collapse of the industry - called a carbon crunch - could lead to economic disaster of epic proportions. The time is therefore now to plan an orderly wind-down of fossil fuel assets and manage the impact on the global economy rather than try to sustain the unsustainable.

Electric boilers fuel Diageo’s carbon-neutral whiskey distillery dream

AGreenLiving

Electric boilers fuel Diageo’s carbon-neutral whiskey distillery dream Jesse Klein Thu, 07/30/2020 – 00:30 Even whiskey is going electric. But Diageo’s new 72,000-square-foot distillery is designed to be completely carbon-neutral.

Low carbon diamonds? De Beers pledges to reach carbon neutrality across operations by 2030

Business Green

New climate target will be achieved by transitioning mining operations to clean energy, improving energy efficiency, developing proprietary carbon capture technology and purchasing offsets, company said.

P&G unveils 2030 'carbon neutral' goal backed by CO2 offsetting plan

Business Green

Proctor & Gamble (P&G) has set its sights on achieving 'carbon neutrality' by 2030 by investing in tree planting and other nature-based iniatives in a bid to help offset 30 million metric tonnes of CO2 over the coming decade.

'A new chapter': RWE to ditch coal and target carbon neutrality by 2040

Business Green

German energy giant promises phase out of fossil fuel generation and 'huge investments' in renewables, storage and green gas

The carbon choreographer: Mahindra Group's Anirban Ghosh on building a carbon neutral business empire

Business Green

The chief sustainability officer tells BusinessGreen how the Indian business group is steering more than 150 companies behind a 2040 carbon neutrality goal.

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.

Forest Sequestration Key to Achieving Carbon Neutrality, says Finnish Environment Minister

Climate-KIC

Finland is looking to continued sustainable forest management and stronger forest sequestration to help it achieve carbon neutrality by 2045 at the latest, reports Politico. Minister Tiilikainen, Finland’s environment minister, has set out how, if Finland can lower its fossil fuels and switch to wood-based products and biomass, the country’s forests could absorb the balance […].

What the Stimulus Tax Extension Means for Renewables

U.S. Green Technology

He plans on expanding the clean power industry, working towards a carbon-neutral energy grid and increasing employment in the industry. President Biden developed the Build Back Better policy, promoting renewable energy-driven development in America.

How Should California Wind Down Its Fossil Fuel Industry?

GreenTechMedia

By law, California must have 100 percent carbon-free electricity by 2045, and an executive order signed by former Governor Jerry Brown calls for economywide carbon-neutrality by the same year. How California will reach its 2045 carbon-neutrality target remains an open question.

Louisiana governor pledges to turn the oil and gas state carbon-neutral

AGreenLiving

In a shocking move, Louisiana’s Democratic Governor John Bel Edwards has announced his intentions to make the state carbon-neutral. For a state that has been so reliant on fossil fuels and has an economy that has thrived on offering tax incentives to oil companies, the announcement comes as a surprise to many. Climate Alliance aligns with a previous executive order to make Louisiana carbon-neutral by 2050.

October 2020 Cleantech Roundup: Net Zero Commitments | Electric Vehicle Tophats | Connected…

Clean Energy Trust

October 2020 Cleantech Roundup: Net Zero Commitments | Electric Vehicle Tophats | Connected Generators This month, I’m following a few trends: 2050 carbon neutrality commitments, electric vehicle design and manufacturing partnerships, and generator manufacturers acquiring grid services companies.

China plans to go carbon-neutral by 2060

AGreenLiving

China, the world’s biggest source of carbon dioxide , is aiming for carbon-neutrality by 2060. “We aim to have CO2 emissions peak before 2030 and achieve carbon neutrality before 2060,” Xi said, according to the official translation. China is currently responsible for about 28% of the planet’s carbon emissions. Related: Google becomes retroactively carbon-neutral Xi and then U.S.-President

10 Tips for How to Afford a Solar Upgrade for Your Home

Green Living Guy

He established a national carbon neutrality goal upon entering office. Converting our energy reliance away from fossil fuels and towards solar power […]. As eco-consumer rates increase, renewable energy device sales rise.

China sets sights on carbon neutrality by 2060

Business Green

In landmark pledge for climate action President Xi announces China will aim to peak CO2 before 2030 and deliver climate neutrality before 2060. I welcome the announcement by President Xi that China has set a date for its CO2 emissions to peak and will become carbon neutral before 2060.

'A new day in America': General Motors vows to end sales of fossil fuel cars by 2035

Business Green

America's largest automaker unveils plan to achieve carbon neutrality by 2040 by significantly ramping up its electric vehicle range and shifting all its operations to clean energy.

JinkoSolar Updates Value-based Strategy Combining Principles, Social Responsibility and Profitability

altenergymag

The value of its brand is intrinsically associated with achieving carbon neutrality through the gradual phasing out of fossil fuels and their replacement by renewable energy JinkoSolar began in 2006 as a wafer manufacturer before going public on the New York Stock Exchange in 2010.

BofA, Goldman, JPMorgan, Wells Fargo launch center for climate-aligned finance

GreenBiz

The Rocky Mountain Institute (RMI) is banking on banks to get us over the carbon-neutral finish line by 2050. . BofA, Goldman, JPMorgan, Wells Fargo launch center for climate-aligned finance. Jesse Klein. Thu, 07/09/2020 - 00:01.