Amazon Announces $2Bn for Climate Pledge Fund

Amazon announces climate pledge fund; Electrify America build first charging necklace across U.S.; MA AG asks regulators to review gas consumption/climate goals; DOE eyeing $100 mn for hydrogen research.

1) Amazon is creating a $2 bn pot to invest in sustainable tech to help it meet its goal of transforming to
net zero emissions by 2040. But its own carbon footprint was up 15% last year (oops!). Amazon is also renaming
Seattle's Key Arena to Climate Pledge Arena. It doesn't exactly roll off the tongue...

2) VW's Electrify America finished the first of two
planned cross-country EV fast charging corridors, a 2,700-mile link between L.A. and D.C. along Interstates 15 and 70. w/chargers every 70 miles, up to 350 kW.

3) MA AG is asking the Department of Public
Utilities to look into the future of natural gas in the state. Gas currently meets about two-thirds of space and water heating so state needs strategies around gas to meet legally binding CO2 emissions targets.

4) DOE does something intelligent for a change, announcing intention to invest up to $100 million over 5 years in two National Lab led consortia to advance hydrogen
and fuel cell tech, R&D. Affordable electrolyzers and advanced fuel cells are the focus.

Peter Kelly-Detwiler