Airlines represent one of the few major industry sectors to set and implement all-encompassing carbon-emission goals, committing to carbon-neutral growth by 2020. As the first airline to invest in biofuel production technology, Cathay Pacific Airways is leading the industry’s way. Philippe Lacamp, the company’s senior VP, shares thoughts on how to create an all-encompassing carbon reduction strategy.
Each business day, FedEx serves over 220 countries and territories with more than 600 aircraft as well as more than 190,000 on-road and off-road vehicles, which includes around 132,000 company-owned vehicles. The shipping company, which has $60 billion-plus in revenue, operates on an immense scale. Over the past decade, FedEx … Read more »
The European Investment Bank and ING signed an agreement this week for 300 million euros ($370 million) to support green investments in the European maritime shipping market. Each institution will contribute 150 million euros to a sector risk-bearing facility for projects that improve transport vessels’ environmental performance. “It’s no secret … Read more »
A scientific study published this week in the journal Nature Communications shows that using small electrically-charged drones to deliver commercial packages generally consumes less energy per package than delivery trucks. For the paper “Energy use and life cycle greenhouse gas emissions of drones for commercial package delivery,” authors from Lawrence … Read more »
United Airlines and the Chicago Department of Aviation will invest a total of $1.43 million to purchase 26 new pieces of zero emissions ground support equipment, replacing older, diesel-fueled equipment at Chicago O’Hare. Grant funding for the project from the EPA’s Diesel Emissions Reduction Act – a total of $640,000 – will help O’Hare and United Airlines to save a total of
A CDP report published today analyzed 16 of the world’s largest publicly-listed automotive companies that responded to an extensive questionnaire last year. The report identified best and lowest performing automakers as well as major opportunities emerging while the industry enters a low-carbon transition. The report, called “Driving Disruption,” assessed companies … Read more »