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September 17, 2020 08:45 pm

Amazon Defends Working With Oil Companies To Reach Its Zero-Carbon Goal

Partnering with oil and gas producers is necessary for Amazon and other companies to achieve their climate goals, the tech giant's chief of sustainability, Kara Hurst, said during an Axios virtual event on Thursday. From a report: Amazon aims to hit carbon neutrality in 2040, 10 years earlier than the Paris climate accord. The company plans to reach its goal in part by helping companies develop climate-friendly technologies through a $2 billion venture fund. The first recipients were announced on Thursday. "Amazon, like every other company you just mentioned -- Google, Microsoft, many tech companies -- works across a wide variety of industries. And I believe it's absolutely necessary to work with those types of industries to create transformation," referring to oil companies.

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