This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
FedEx pledges to be carbonneutral by 2040. Global logistics giant FedEx on Wednesday announced a goal to be carbonneutral 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.
The companies said the jet fuel will be made from agricultural waste fats and oils (such as used cooking oil and inedible fats from beef processing). Amazon has pledged to reach net-zero carbon emissions by 2040, and says it will make sure half of Amazon shipments are net-zero by 2030. A drop in the fuel tank.
Corporate signatories to the Climate Pledge have committed to net zero by 2040. Is net zero the same as carbonneutral? You can become carbonneutral simply by buying offsets — for a year’s worth of driving or air travel, for example. However, Germany just committed to reaching this goal by 2045.
Thanks to converging forces — including supportive policies, dropping battery costs and aggressive climate goals — transportation leaders at large and small organizations are increasingly turning to new zero-emission and low-carbon options that decarbonize fleets and in some cases save money. Media Authorship. Anheuser-Busch. Anheuser-Busch.
Italian gas and energy infrastructure giant Snam has set its sights on becoming a carbonneutral 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 fossilfuels.
Exploring Hondas Commitment to a Hydrogen-Powered Future Hydrogen technology is increasingly seen as a crucial element in reducing carbon emissions, and Honda is bringing its long-standing expertise into the spotlight. Achieving 100% EV and FCEV sales by 2040 is just one aspect of this plan, Perzynski explained.
Researchers at the University of Sheffield are exploring new exhaust aftertreatment systems for heavy-duty engines capable of running on clean, zero-carbonfuels such as ammonia. In addition, diesel engines burn fossilfuels releasing carbon dioxide, a greenhouse gas (GHG), as well as other pollutants, such as nitrogen oxides (NOx).
Air cargo operator pledges to invest in sustainable fuels, carbon capture research, and fleet electrification in bid to meet new climate goals. The company said it was targeting a fully zero emission parcel pickup and delivery (PUD) fleet by 2040, a push that will be accomplished by gradually phasing out its existing fossilfuel fleet.
and globally by 2040. The company, an early partner with the Ellen MacArthur Foundation, has positioned water and carbon emissions as equally critical in the climate crisis. Last year, Ecolab set a goal for net-zero carbon emissions by 2050, getting halfway there by 2030. LinkedIn | Personal website. million acres the 4.4
Fossilfuel 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. ExxonMobil – “Powering Progress”.
Volvo Trucks has announced that its heavy electric trucks are to soon include parts made of "fossil-free" steel, as part of the automakers' plan to slash the carbon footprint of its zero-emission vehicle range.
Fossilfuel 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 company was “leading in carbon efficient production of oil an gas,” she added.
AT&T pledged to be carbon-neutral by 2035, a step up from its previous goal to reduce Scope 1 emissions by 20 percent and Scope 2 emissions by 60 percent. Walmart pledged to become carbon-neutral across its global operations by 2040 — without relying on offsets. Morgan Stanley became the first major U.S.
Shell is chasing carbonneutrality by 2050 or sooner and the project in the Netherlands offers a glimpse of how it hopes to get there. The NortH2 consortium hopes to eventually develop electrolyzer capacity requiring 3 to 4 gigawatts of offshore wind capacity, perhaps growing to 10 gigawatts by 2040.
Wärtsilä defines the goal of 100 percent decarbonization as a carbon-neutral power grid with a combination of generation resources — the vast majority of which would be wind and solar — as well as ample amounts of battery storage, demand response and flexible gas power, which will ultimately run on carbon-free renewable fuels.
Yet just as efforts toward that goal are finally scaling up — via the EU’s amplified climate targets, China’s new carbon-neutral target for 2060, and other examples — the coronavirus pandemic has introduced a massive dose of uncertainty. “We need more policy support than is available today.
Increasingly, zero-emission transportation experts are indicating that it is very unlikely for one technology to replace all fossilfuel-powered vehicles. Instead, it is more likely that there will be two or more types of clean energy needed for transportation.
This story is the second part of a DeSmog series on carbon capture and was developed with the support of Journalismfund Europe , and in partnership with Follow the Money. Or will government backing for these technologies instead serve to preserve the fossilfuel business models that caused it? million tonnes.
Komatsu is aiming to reduce its global emissions by a whopping 50% by 2030, with a further goal to achieve carbonneutrality by 2050. On the other hand, GM has set a target to achieve full carbonneutrality in both its products and operations by 2040. The mining industry is no exception.
Now, the Dutch NGO that successfully sued Shell over its climate plans is taking those financial backers to court in a case that could help reverse the global banking sector’s support of fossilfuel firms and their activities. billion Euros in bonds to the fossilfuel industry, Milieudefensie says. “We
The Danish company unveiled the new plans this week, as part of its programme to decarbonise its supply chain by 2040. It'll be challenging to reach a carbonneutral footprint by 2040, and it'll require significant innovation in all parts of our supply chain," he said.
The city of Kansas City, MO announced last week that it is committing to an all-electric fleet for new vehicle purchases as part of its’ pledge to reach climate neutral citywide by 2040. Electrification of our fleet is a necessary step to reach the city’s goal of carbonneutrality for municipal operations by 2030.”.
We are determined to work with our partners to reduce the carbon footprint of wind turbines; together we can be the example of how an industry transforms its value chain to support the green transition and the critical move to a circular economy.". Nearly a third of LM Wind Power's carbon footprint comes from waste disposal.
On the plus side, the pact reaffirmed the central importance of 1.5C (our best chance to avoid the worst impacts of climate change), mentions coal and fossilfuels for the first time, and calls for countries to “revisit and strengthen” 2030 climate pledges by the end of 2022 instead of waiting another five years. of warming.
Scientists at Wageningen University & Research in the Netherlands have employed Vaisala carbon dioxide sensors in their research greenhouses for over a decade. The Dutch horticultural sector aims to be climate-neutral by 2040. Carbon dioxide in greenhouses. Monitoring carbon dioxide. Wageningen CO2 probe.
Norwegian wind giant says earnings ‘exceeded expectations’ in 2019 and is on track to be carbonneutral by 2025. Some 86 per cent of Ørsted's heat and power generation comes from renewables, up from 75 per cent last year, putting the firm on track to hit its goal of carbonneutrality by 2025.
One obvious way to deliver more energy with less carbon, Looney said, is "more renewables and gas, pushing coal out of power.". We need to compare gas to zero carbon — how will we decarbonize it?” But comparing gas to coal isn’t good enough on its own. Playing catch-up on renewables. billion ($1.67
including a small-scale pilot with Southeast utility Duke Energy and South Carolina’s Clemson University, and another to design, build and test a compressor system to integrate hydrogen into existing fossilfuel generation. green hydrogen market landscape. power plant operators are starting to expand their ambitions.
They see battery electric vehicles as an established technology to transition away from fossilfuel powered vehicles, but that the door will open to other technologies as well, and at that time, H2 fuel cells will lead the way. CR-V FCEV 2024 will also bring a fuel cell electric vehicle (FCEV) back into Honda’s lineup.
Under growing pressure to rein in greenhouse gas emissions, developers of liquefied natural gas (LNG) are turning to questionable claims about “carbonneutrality,” “net-zero,” or “green LNG,” in order to pass muster with governments, investors, and society, who are becoming increasingly anxious about the climate crisis. While the U.S.
The influential analyst firm looked at 30 major corporates that have announced net zero goals across the utility, fossilfuel, technology, and materials sectors, but found huge variation in the level and scope of ambition, concluding that "no two net zero targets are the same". Credit: BNEF. or 2C boundaries.
million to develop a new zero carbon heat network. Following the publication of the Heat and Buildings Strategy , funding awards were announced on 6 January for a suite of low carbon heat network projects, under the Heat Networks Investment Project (HNIP) , a scheme partly funded by the UK government.
The hydrogen fuel cell mining trucks are another fossilfuel alternative for the mining industry. Fuel cells are an ideal zero tailpipe emissions solution for these vehicles as they have extreme hauling requirements. This collaboration aside, Komatsu and GM are working hard to reach carbonneutrality.
million tonnes of carbon emissions each year by replacing fossilfuel energy sources. Sven Utermöhlen, RWE Renewables's CEO for offshore wind, said the UK would play a key role in the firm's strategy to grow its renewables business and become carbonneutral by 2040.
A new Greenpeace report notes that Microsoft, Amazon and Google are undermining their public carbon commitments through by providing services that allow oil and gas firms extract fossilfuels from the earth.
Plans to establish the Humber as a world-leading green industrial hub took a step forward today with the formal submission to government of a joint proposal to enable a Humber Cluster Plan that would deliver net zero emissions across the region by 2040. The initial bid is for £1.7m from government to support a £2.6m
The new schemes will be targeted at low-income households and those living in social housing, and will fund a range of measures, from enhanced insulation, the installation of on-site solar energy, and the replacement of gas boilers with low-carbon alternatives.
Claims that tournament is 'carbonneutral' challenged, as criticism mounts from footballers and athletes over FIFA's questionable carbon accounting and use of offsets. As criticism mounts around shameful human rights violations in Qatar, carbonneutrality claims are being used as a distraction.
The findings raise concerns over a potential pervasive conflict of interest on the boards at a time when the international insurance sector is under pressure to halt its support for the fossilfuel industry. “When insurers underwrite fossilfuels, they actually are underwriting climate change.”
Shell and BP are writing down assets while a raft of US fracking firms are entering bankruptcy protection – change is coming to the fossilfuel industry faster than anyone expected. The stranded asset hypothesis just got real. For a growing number of investors alarm bells are ringing.
In December, Coca Cola European Partners (CCEP) became the latest major company to announce a goal to achieve net zero emissions by 2040, 10 years ahead of the hard deadline set out by climate scientists and a growing number of governments around the world. The corporate sustainability strategy, which is aligned with a 1.5C
Summary - Saudi Arabia is building a $5 billion plant called Helios to make green fuel for export and decrease the country’s dependence on petrodollars. All of the zero-carbonfuel it produces will be shipped to international buyers in the form of ammonia. Carbon targets? million tons per year of green ammonia.
Volvo has announced it is to test fossilfuel-free steel for its cars, after inking a deal with Swedish steel maker SSAB to purchase steel made from hydrogen-reduced iron at the pioneering HYBRIT plant in Sweden. As we continuously reduce our total carbon footprint, we know that steel is a major area for further progress," he said.
We organize all of the trending information in your field so you don't have to. Join 12,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content