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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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Just 36 Companies Drove Half the World’s Climate-Altering Emissions in 2023: New Report

DeSmogBlog

Half of the worlds carbon dioxide emissions in 2023 came from just three dozen companies, according to a new report released today by the Carbon Majors project, with the list dominated by coal, cement, and oil producers. percent of the worlds carbon dioxide pollution alone in 2023, the report found.

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Europe’s largest battery powers up in Blackhillock, in Moray

Envirotec Magazine

Fintan Slye, CEO of the National Energy System Operator, said: Our 2025 ambition to enable zero carbon operation of Great Britains national electricity network is central to NESOs mission. The delivery by Zenobe of this grid forming battery is a major accomplishment and brings us a step closer to this goal.

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BP, Shell, oil giants fund research into mobile carbon capture from ships at sea

GreenBiz

BP, Shell, oil giants fund research into mobile carbon capture from ships at sea. Carbon capture will play an important role in reducing overall greenhouse gas emissions, but there's no reason it needs to be limited to stationary applications," said Michael Traver, head of OGCI's transport workstream. Michael Holder.

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3 Predictions for US Renewables and Storage Markets in 2025

GreenTechMedia

By 2025, we will be well on our way to the clean energy future that we need. energy market will be in 2025 — with some caveats about what it will take to get there. Without energy storage, the excess solar energy produced during the day is wasted, requiring more fossil fuel-based power plants to meet the evening demand.

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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. Around 90 percent (PDF) of the furnaces and water heaters in California are fueled by natural gas or propane. million in total.

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Inside Singapore’s $735M Hydrogen Project Backed by Billionaire Anthoni Salim

Hydrogen Fuel News

At the core of the plants design is the capability to burn hydrogena fuel source hailed for its low to zero carbon emissions. This evolution aligns with PacificLights goal of supporting Singapores net-zero carbon ambitions. This enhances the plants adaptability to future advancements in low-carbon energy. GW by 2030.