Many Canadians remain perplexed and angered by the deterioration in what was previously one of the most reliable trading alliances in the world, worth more than $900 billion in 2024.
The CMA CGM Iron, which is adapted to run on methanol, ethanol and conventional fossil bunker fuel, will be bound for Asia, making stops in Sri Lanka and Singapore.
Exports will allow BMW to benefit from strong demand for EVs in Europe, where they account for 20% of new vehicle sales, compared to only 6% in the U.S.
More than half of the planned decarbonization of aviation was dependent on the development of sustainable aviation fuels, which has reached only 0.8% of airline fuel needs this year.
Recent industry pullbacks have prompted questions from analysts and policy-makers about whether the value of Canada’s multi-billion-dollar government subsidies for the EV industry will be realized.
The question isn’t whether supply chains will decarbonize, but whether your organization will be an early mover — or one of the laggards forced into reactive, costly change.