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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. Carbon Capture.

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Electric boilers fuel Diageo’s carbon-neutral whiskey distillery dream

GreenBiz

Electric boilers fuel Diageo’s carbon-neutral whiskey distillery dream. But Diageo’s new 72,000-square-foot distillery is designed to be completely carbon-neutral. But Diageo’s new 72,000-square-foot distillery is designed to be completely carbon-neutral. Jesse Klein. Thu, 07/30/2020 - 00:30.

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Drax is UK’s largest single source of CO2 emissions

Envirotec Magazine

This is because wood has to be burned in higher volumes than fossil fuels to produce the same amount of energy. Biomass qualifies for these subsidies, along with exemption from carbon taxes, because wood is categorised as an emissions-free source of energy. Research by Ember suggests the project would require a subsidy of £31.7

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Amazon to buy bio jet fuel to lower air cargo emissions

GreenBiz

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.

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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

Electrofuels (aka eFuels) are the next generation of solutions to help the hardest-to-abate sectors pivot from their reliance on fossil fuels. Not only that, but eFuels can also replace petroleum as a key component in the creation of chemicals and plastic solvents.

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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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Louisiana governor pledges to turn the oil and gas state carbon-neutral

Inhabitat - Innovation

For a state that has been so reliant on fossil fuels, the announcement has come as a surprise to many.