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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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ExxonMobil Urges EU to Remove ‘Policy Hurdles’ Slowing Oil Industry’s Hydrogen Plans

DeSmogBlog

The United States-based oil major’s willingness to publicly throw down the gauntlet to policy-makers underscores the stakes for the fossil fuel industry as the EU fleshes out its plans to slash carbon emissions, ahead of June’s European parliament elections. million tonnes of greenhouse gases during the same period.

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Three takeaways from Amazon’s new carbon neutralization plan

EDF + Business

That’s why Amazon’s new carbon neutralization paper is a breath of fresh air. The science says we must reduce pollution by 50% in the next 10 years. Ensuring the quality of carbon credits is crucial. Investing in carbon markets is critical to reaching net zero, but navigating their complexities is hard.

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Ford revs up 2050 carbon neutrality target

Business Green

Ford has become the first maintream US carmaker to vow to achieve carbon neutrality by mid-century in line with the goals of the Paris Agreement. We congratulate Ford on its commitment to be carbon neutral by 2050," she said.

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Labour Accepted £12,000 From Major Polluter Drax

DeSmogBlog

A large donation to the Labour Party from wood-burning giant Drax has raised concerns among campaigners over the sway of big carbon emitters over Parliament. Opposition leader Keir Starmer has yet to articulate his party’s position on burning wood for electricity – or to clarify whether Labour accepts donations from polluting companies.

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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. . Its goal is to integrate the financial sector’s attempts at going green, including green business investments, exclusionary policies for certain fossil fuels and the industry’s ESG policies, into one complete strategy. .

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Global Briefing: China mulls carbon neutrality

Business Green

China revealed this week that it is considering setting a 'carbon neutrality' goal in a move that has significantly raised expectations ahead of next year's COP26 climate conference. All the latest green business news from around the world. Beijing promises to 'contribute more' on climate.