Remove Carbon Remove Fossil fuels Remove Investment
article thumbnail

2020: Fossil fuels are dead, long live the sun

GreenBiz

2020: Fossil fuels are dead, long live the sun. In this strangest of all years, as the death toll mounts from a disease caused by human incursions into once intact ecosystems, we’re observing another death — the demise of fossil fuels. Hunter Lovins. Thu, 08/13/2020 - 00:15. Is that possible? What happened?

article thumbnail

Despite net-zero pledges, banks used $750 billion to finance fossil fuels in 2020

GreenBiz

Despite net-zero pledges, banks used $750 billion to finance fossil fuels in 2020. Net-zero commitments may have ricocheted across banking sector over the last 18 months, but big banks' attestations of climate concern did not stop many from expanding financing for the world's top fossil fuel firms during the pandemic year.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Pressure on creatives: PR, advertising firms targeted by fossil fuel divestment movement

GreenBiz

Pressure on creatives: PR, advertising firms targeted by fossil fuel divestment movement. As fossil fuel companies' social license to operate becomes increasingly frayed, more industries in their orbit are getting entangled in the reputational quagmire that is now part and parcel of any activity that exacerbates the climate crisis.

article thumbnail

Carbon 'rainbow': Unilever pledges $1.2B to scrub fossil fuels from cleaning products

GreenBiz

Carbon 'rainbow': Unilever pledges $1.2B to scrub fossil fuels from cleaning products. The new program, Clean Future, is largely focused on identifying and commercializing alternative sources of carbon for surfactants, the petrochemical molecules found in cleaning products that help remove grease from fabrics and surfaces.

article thumbnail

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.

article thumbnail

Lululemon, LanzaTech are reshaping carbon waste into fabric

GreenBiz

Lululemon, LanzaTech are reshaping carbon waste into fabric. Consider that right now, the steel industry is among the three biggest producers of carbon dioxide. tons of carbon dioxide , according to the World Steel Association. tons of carbon dioxide , according to the World Steel Association. Deonna Anderson.

Waste 435
article thumbnail

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. is California’s aggressive push toward a carbon-neutral future. Jim Robbins.