The European Green Deal

The president of the European Commission released an action plan to reduce emissions and achieve climate neutrality. The European Green Deal offers a road map for efficient use of resources.

With regard to the transportation industry, EU freight traffic will shift from road to rail and therefore reduce GHG emissions by 90% in 2050.

According to FreightWaves, European highways have the highest degree of electrification. However, a shift of freight movement towards rail will most likely not happen soon as it required major investments in infrastructure. The system focuses on moving freight rather than people.

To read more about the European Green Deal, go to FreightWaves.