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

Ben Geman, author of Generate
Sep 24, 2020 - Energy & Environment

California war over gas-free cars

Illustration: Eniola Odetunde/Axios

The fate of California's aggressive moves to wring carbon emissions out of transportation could depend heavily on the election and the shape of the Supreme Court.

Why it matters: California is the country's largest auto market and transportation is the country's largest source of CO2.

Sep 25, 2020 - Economy & Business

Eyeing the end of gas-powered cars

Illustration: Eniola Odetunde/Axios

Gasoline-powered cars may be going the way of the woolly mammoth, even if it will take decades to replace them and seems hard to fathom today.

The big picture: Internal combustion engines (ICEs) have powered automobiles for more than 100 years. But the shift to electric vehicles, slow to materialize at first, is now accelerating due to tightening government policies, falling costs and a societal reckoning about climate change.

Graham hopes his panel will approve Amy Coney Barrett by late October

Chair Lindsey Graham during a Senate Judiciary Committee business meeting on Capitol Hill Thursday. Photo: Jabin Botsford/The Washington Post via Getty Images

Senate Judiciary Committee Chair Lindsey Graham (R-S.C.) told Fox News Saturday he expects confirmation hearings on Judge Amy Coney Barrett's nomination to the Supreme Court to start Oct. 12 and for his panel to approve her by Oct. 26.

Why it matters: That would mean the final confirmation vote could take place on the Senate floor before the Nov. 3 presidential election.