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Illustration: Brendan Lynch/Axios

Tyson Foods announced this morning that it will strive to achieve net-zero greenhouse gas emissions across its global operations and supply chain by 2050.

Why it matters: Tyson is the largest meat producer in the United States. And agriculture, including livestock and manure emissions, is the largest source of methane emissions in the U.S.

Context: The announcement marks a step forward from Tyson's previous commitment, made in 2018, to reduce greenhouse gas emissions 30% by 2030.

What's happening: In a press release, Tyson outlined specific goals to meet along the way.

  • Update the baseline for emissions to align with limiting global temperature rise to 1.5℃, consistent with the Paris Agreement, by the end of 2023.
  • Establish a pathway to using 50% renewable energy across its domestic operations by 2030.
  • Target 2 million feed acres for land conservation, and expand total acres by 2025.
  • Increase the company's grazing lands target for sustainable beef production practices by 2025. The current target is 5 million acres.
  • Eliminate deforestation risk throughout its global supply chain by 2030.
  • Support climate action policies through advocacy groups such as the Net Zero Business Alliance.

What they're saying: John Randal Tyson, chief sustainability officer, tells Axios the biggest challenge is making sure the millions of people Tyson works with are working toward the same goal.

  • Between 80 and 90% of Tyson's greenhouse gas emissions come from "indirect upstream and downstream emissions that occur in the value chain," he says, such as on farms.

Go deeper: Read Tyson's annual sustainability report here.

Go deeper

The high cost of beef drama

Illustration: Sarah Grillo/Axios

The beef industry is having a rough year — and consumers are footing some of the bill from the fallout.

Why it matters: The ransomware attack on meatpacking giant JBS is the latest hit. But other blows, like droughts, could cause sticker shock to stick around for years.

Ben Geman, author of Generate
Jun 8, 2021 - Energy & Environment

The huge gap between today's policies and Paris goals

Data: Resources for the Future report; Chart: Sara Wise/Axios

The think tank Resources for the Future on Tuesday released its latest report comparing various projections and scenarios around emissions, energy demand and more.

The big picture: The energy analyst hive mind is pretty united around the conclusion that nations' current and planned climate policies won't come close to meeting the goals of the Paris climate deal.

Climate reality collides with rhetoric at the G7 summit

Illustration: Annelise Capossela/Axios

Leaders of the G7 agreed to a sweeping new agenda over the weekend. But while the communique they issued is lofty in goals, it lacks crucial details on climate.

Why it matters: The G7's paucity of specifics on climate finance and domestic coal consumption, in particular, calls into question the ability of the wealthiest nations to take sufficient action on global warming.