article thumbnail

UK aviation sets sights on net zero by 2040

Envirotec Magazine

A new “Jet Zero Strategy” seemingly commits UK domestic aviation to achieving net zero emissions by 2040, and for all airports in England to be zero-emission by the same year. Image credit: Tea N Bickie Photography / Shutterstock.com. in 2022/23 to support airports to modernise their airspace.”.

Aviation 244
article thumbnail

Electric Cars Have Dented Fuel Demand. By 2040, They’ll Slash It

BloombergNEF

Global oil demand is set to reach a new record high this year, with over 102 million barrels consumed every single day, almost half of it by vehicles. The post Electric Cars Have Dented Fuel Demand. By 2040, They’ll Slash It appeared first on BloombergNEF.

Demand 98
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Amazon to buy bio jet fuel to lower air cargo emissions

GreenBiz

The move shows the efforts that Amazon is willing to go to eke out carbon emissions across its vast network of planes, vehicles and distribution centers that deliver on-demand goods across the globe. 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.

Aviation 498
article thumbnail

Amazon hands Mercedes-Benz its biggest electric vehicle order to date

GreenBiz

The world's largest automakers have been relatively slow to build and market electric trucks and buses, citing a lack of demand from customers and technology that isn't ready for prime time. Mercedes-Benz says it will become net carbon-neutral by 2040. . However, those were internal combustion vehicles.

article thumbnail

The Road to Powering Amazon on 100% Renewable Energy by 2025

GreenBiz

Most recently the company committed to powering global operations on 100% renewable energy by 2025 as part of The Climate Pledge, a commitment to be net-zero carbon by 2040, 10 years ahead of the Paris Agreement. Back in 2014, Amazon started making major investments in renewable energy. taylor flores. Wed, 03/31/2021 - 11:12. Heather Clancy.

Energy 404
article thumbnail

EVs to increase Britain’s electricity demand by 31 times by 2040

Renewable Energy World

As a result of an increase in electric vehicle use across Britain, electricity demand from the transport sector will increase by 31 times by 2040 from the current levels, according to a new report released by research firm Cornwall Insights. This is a 25% increase of current annual demand which stands at 299TWh (excluding losses).

Demand 86
article thumbnail

Amazon aims to clean up aviation

GreenBiz

Amazon Vice President of Worldwide Sustainability Kara Hurst released a statement about the investment: Amazon created The Climate Pledge Fund to support the development of technologies and services that will enable Amazon and other companies to reach the goals of the Paris Agreement 10 years early — achieving net-zero carbon by 2040.

Aviation 492