The Biden Administration will have to address numerous trade related issues in the coming months. It’s expected the administration will make moves back to a multilateral trading system but what will that mean in real world terms?
No doubt the electric semi is on its way, but it may take some time to replace the ubiquitous tractor trailers churning over the nation’s freeways. But by the late 2030s the sound of the grinding grunt of diesels may be replaced by the near-silent whirr of electric motors.
European Union and British negotiators continue last-ditch efforts to fashion a free-trade pact. Otherwise, the United Kingdom will start the new year with what is called a no-deal Brexit, a nightmare of tariffs-laden trade that would batter the UK economy and depress commerce in Europe as a whole.
Last month, two vehicle manufacturing giants threw down markers for hydrogen-propelled, heavy-duty trucks. These are an alternative type of zero-emission vehicle that uses hydrogen gas as a fuel source, converted into electricity through fuel cells.
Sep 29 2020 at 01:54 PM | Project / Heavy Lift News
Moving to substantially reduce greenhouse gasses, and with a strong focus on renewable energy, electrification and power management, the European Union is further down the path toward a more advanced power infrastructure than is the US. But there are obstacles aplenty.