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Climate Pledge Fund

Amazon signs deal for pulling carbon from the air and locking it deep underground in Texas

by Lisa Stiffler on September 12, 2023September 12, 2023 at 10:09 am

Amazon today announced it’s paying 1PointFive for the removal of 250,000 metric tons of carbon from the atmosphere over a decade. The purchase supports 1PointFive’s construction of what aims to… Read More

Big tech’s billions for climate: Here’s where Amazon and Microsoft are making their carbon bets

by Lisa Stiffler on March 1, 2023March 1, 2023 at 8:57 am

In January 2020, Microsoft announced its $1 billion Climate Innovation Fund, and six months later Amazon unveiled its $2 billion Climate Pledge Fund. An analysis of the investments made since… Read More

Amazon earmarks $53M for women-led climate tech companies

by Lisa Stiffler on November 3, 2022November 2, 2022 at 4:34 pm

Amazon on Thursday announced two efforts to support women who are leading climate tech companies: The Seattle-based tech giant is a founding partner of the U.S. Agency for International Development’s… Read More

Amazon is using ultra-low carbon fuels to curb climate impact of deliveries

by Lisa Stiffler on September 20, 2022September 20, 2022 at 6:06 am

Amazon today announced a deal with low-carbon fuel manufacturer Infinium to purchase some of its “electrofuel” to power delivery trucks beginning next year. The partnership is another step in the… Read More

Amazon’s $2B climate fund director on the role of innovation in reversing tech giant’s rising emissions

by Lisa Stiffler on October 27, 2021October 27, 2021 at 9:18 am

Amazon launched its $2 billion Climate Pledge Fund in June 2020 and has already invested hundreds of millions of dollars in 11 climate tech companies. The goal of the fund… Read More

Here are the latest recipients of Amazon’s $2 billion Climate Pledge Fund

by Lisa Stiffler on October 27, 2021October 27, 2021 at 9:19 am

In September 2019, Amazon’s founder Jeff Bezos announced the company’s ambitious Climate Pledge, setting a goal of achieving net-zero carbon emissions by 2040. He encouraged others to do the same… Read More

Amazon unveils 9 clean energy projects, says it will power company with 100% renewables by 2025

by Lisa Stiffler on April 19, 2021April 20, 2021 at 7:02 am

Amazon on Monday announced nine new wind and solar energy projects, bringing its total number of renewable projects to 206. The cloud company and online retail sales juggernaut now claims… Read More

Turntide Smart Motor System
Video

Bill Gates and Amazon join $80M funding round for Turntide electric motor venture

by Alan Boyle on March 3, 2021March 4, 2021 at 3:19 pm

Turntide Technologies, a Silicon Valley venture that’s retooling electric motors for the 21st century, says it has completed an $80 million funding round that was led by Breakthrough Energy Ventures,… Read More

Amazon invests in startup producing ‘net-zero carbon fuels’ for transportation

by Lisa Stiffler on January 26, 2021January 26, 2021 at 10:01 am

Amazon announced on Tuesday that it was investing in Infinium, a Sacramento, Calif.-based startup that is developing what it describes as “net-zero carbon fuels” that can be used in transportation.… Read More

Video

Gates and Bezos-backed clean energy funds help power startup building hydrogen-fueled aircraft

by Kurt Schlosser on December 16, 2020December 17, 2020 at 3:42 pm

ZeroAvia, an aviation startup aiming to power cleaner airplanes with hydrogen, has raised $21.4 million in a funding round led by Bill Gates’ Breakthrough Energy Ventures as well as Amazon’s… Read More

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