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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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Apple embeds racial justice into new supply-chain carbon neutrality pledge

GreenBiz

Apple embeds racial justice into new supply-chain carbon neutrality pledge. With its latest set of combined sustainability commitments, Apple is pushing for carbon neutrality across its entire business by the end of this decade, including its supply chain and the life cycle for its products. Heather Clancy.

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BMW, Ford, other automakers rev up carbon commitments

GreenBiz

BMW, Ford, other automakers rev up carbon commitments. The world's biggest automakers are ramping up their carbon commitments even as they struggle to build back in the wake of the pandemic. . This week, Germany's BMW took the plunge and set a goal to reduce its carbon emissions per car by at least one-third by 2030. Pull Quote.

Carbon 306
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UPS Goes Carbon Neutral With Offset Program

Green Business Bureau

The transportation industry, and heavy and light-duty vehicles in particular, uses a significant amount of energy and emits large portions of CO2 every year. An offset program like UPS’s carbon neutral service , though, can help minimize these emissions, paving the way for a new era of sustainable shipping.

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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

However, some sectors are lagging behind and struggling to decarbonize more than others, including large-scale transportation like commercial aviation, shipping, and rail transit. With the first wave of the energy transition, renewable energy sources (such as solar and wind) have begun replacing coal power generation.

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Could green hydrogen be key to a carbon-free economy?

GreenBiz

Could green hydrogen be key to a carbon-free economy? The Saudis are going big on something called green hydrogen — a carbon-free fuel made from water by using renewably produced electricity to split hydrogen molecules from oxygen molecules. Green hydrogen is also hard to store and transport without a pipeline. Jim Robbins.

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

GreenBiz

The deal shows how companies are increasingly paying attention to ways to decarbonize transportation including buying more zero-emission commercial vehicles. Mercedes-Benz says it will become net carbon-neutral by 2040. . Its vehicle and battery production also will be carbon-neutral, using clean energy.