Amazon vows to meet goals of Paris climate agreement by 2040

Amazon.com Inc is due to sign a pledge to meet the goals of the Paris Climate agreement by 2040 and be net carbon neutral, 10 years ahead of schedule, Chief Executive Jeff Bezos has said.

Bezos said Amazon was placing an order to buy 100,000 electric delivery vehicles from Rivian Automotive LLC and to use 100% renewable energy by 2030, up from 40% today. Amazon and Ford Motor Co are among the investors in the EV startup. Amazon will also invest $100 million to restore forests and wetlands.

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