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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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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. Stubborn remaining carbon.

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Fossil Fuel Companies Made Bold Promises to Capture Carbon. Here’s What Actually Happened.

DeSmogBlog

Carbon capture and storage (CCS) was high on the agenda at New York Climate Week last week, where critics of the technology raised concerns it would be used to extend the life of the fossil fuel industry. The data showed us that their carbon capture plans are not working at scale.” What CCS Projects Promise.

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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. E-methanol is made by combining hydrogen with carbon dioxide.

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Electrofuels Are the Future: The Driving Force to Decarbonizing Heavy Transport

Speaker: Ayesha Choudhury - Senior Vice President, Head of Capital Markets at Infinium

However, some sectors are lagging behind and struggling to decarbonize more than others, including large-scale transportation like commercial aviation, shipping, and rail transit. Electrofuels (aka eFuels) are the next generation of solutions to help the hardest-to-abate sectors pivot from their reliance on fossil fuels.

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Most innovative energy start-ups recognised in German awards

Envirotec Magazine

Mobility & Transportation Navalt Solar & Electric Boats Pvt Ltd., Industry Heatrix GmbH, Germany, [link] Heatrix’s wants to competitively replace fossil fuels in energy-intensive industries by converting renewable electricity into storable, high-temperature process heat.

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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.