Photo: Artur Widak/NurPhoto via Getty Images

Ford became the latest corporate titan to set an ambitious long-term climate goal, vowing Wednesday to "achieve carbon neutrality" by 2050.

Why it matters: It's part of a wider move by some of the world's largest corporations to create aggressive climate targets.

  • The pledge includes a vow to create interim, "science-based" goals, including goals for emissions from use of its vehicles, not just its own operations.
  • That matters because, as The Verge reports, "Three quarters of the planet-heating CO2 emissions Ford is responsible for come from consumers driving its cars."

Yes, but: Lots of these plans rely on forces outside of companies' direct control, and Ford is no different.

What they're saying: Axios had an email exchange with Ford spokesperson John Cangany about the role of policy in meeting the climate goals ...

  • "Government policies are one set of factors that could impact our ability to reach carbon neutrality, and when," he said.
  • "For example, given their progressive policies, we expect the EU, California and other states following California’s lead to be carbon neutral before other parts of the world, and the interim targets we are working on will reflect these differences."
  • He also cited other factors, like consumer acceptance of EVs and energy price changes.

What's next: "We will continue to monitor and advocate for enablers that support our carbon neutrality goal, including carbon pricing systems," Cangany said.

Go deeper: Ford and Rivian scrap joint electric vehicle plan amid coronavirus crisis

Go deeper

CO2 emissions may have peaked, but that's not enough

Reproduced from DNV GL; Chart: Axios Visuals

More analysts are making the case that COVID-19 could be an inflection point for oil use and carbon emissions, but it's hardly one that puts the world on a sustainable ecological path.

Driving the news: The risk advisory firm DNV GL, citing the pandemic's long-term effects on energy consumption, projects in a new analysis that global CO2 emissions "most likely" peaked in 2019.

Column / Harder Line

Coronavirus topples 2020 energy and climate predictions

Illustration: Annelise Capossela/Axios

In early January, I laid out 10 energy and climate change issues to watch this year. Spoiler alert: A pandemic was not on that list.

The big picture: The coronavirus has left no part of our world untouched, energy and climate change included. Let’s check in on my 2020 predictions at the halfway mark of this tumultuous year.

Updated 13 mins ago - Politics & Policy

Mary Trump book: How she leaked Trump financials to NYT

Simon & Schuster

In her new memoir, President Trump's niece reveals how she leaked hordes of confidential Trump family financial documents to the New York Times in an effort to expose her uncle, whom she portrays as a dangerous sociopath.

Why it matters: Trump was furious when he found out recently that Mary Trump, a trained psychologist, would be publishing a tell-all memoir. And Trump's younger brother, Robert, tried and failed to block the publication of "Too Much and Never Enough: How My Family Created the World's Most Dangerous Man."