New York CNN — The failure of a freight railroad strike to begin on Friday is a huge win for the US economy and its still struggling supply chain. But that does not mean that freight railways provide good service to their customers. Many of the issues hampering the supply chain, driving up prices and …
Freight rail service is terrible, even without the threat of a strike | CNN Business Read More »
Just a few small issues to fix. Photo: Eveleyn Hockstein (Reuters) The landmark Inflation Reduction Act is the largest U.S. contribution yet to meeting global emissions reduction goals. And the American allies are not happy about it. Certainly, they are happy to see that the United States is (finally) spending hundreds of billions of dollars …
Why Europe is quietly mad about the US climate bill Read More »
Press play to listen to this article Expressed by artificial intelligence. The EU is in emergency mode and preparing a major subsidy campaign to prevent European industry from being wiped out by US rivals, two senior EU officials have told POLITICO. Europe faces a double hammer blow from the United States If it weren’t enough …
EU plans subsidy war chest as industry faces ‘existential’ threat from US Read More »
The demand for electric vehicles is definitely on the rise. Automakers are saying this by flooding their green car production operations with billions of dollars in investment. The recent spike in gasoline prices at the pump has convinced skeptics to examine the potential of cleaner vehicles. But despite all these positive signals, cost remains a …
London CNN Business — Conventional economic logic revolves around a basic assumption: large economies are better, and finding ways to sustain or stimulate growth is paramount to improving society. But what if growth does little at best to solve the world’s problems, and at worst promotes the destruction of the planet and jeopardizes its future? …
Degrowth: dangerous idea or response to the greatest global crisis? | CNN Business Read More »
Renault sees the internal combustion engine continue to play a crucial role in its business over the next few years, according to a senior executive at the French car giant. On Tuesday it was announced that the Renault group and the Chinese firm Geely had signed a non-binding framework agreement to establish a company focused …
Auto giant Renault is betting the gasoline car market will continue to grow Read More »
