FedEx doesn’t have much hope for climate-friendly aircraft anytime soon
On March 3, FedEx became the latest major company pledging to eliminate its greenhouse gas emissions. The company’s 2040 target to reach net-zero emissions comes with the promise of cash: $2 billion to buy electric vehicles, and $100 million to found a new climate solutions research center at Yale University. The strategy suggests the company is ready to charge into electric vehicles (EVs), but is still hedging its expectations of low-carbon alternatives for its fleet of 679 aircraft.
