There’s no shortage of conversation around the manufacturing industry on Capitol Hill. In June at the National Association of Manufacturers Summit, Vice President Pence remarked that American manufacturers haven’t been this optimistic in 20 years.
When most people think of turbochargers, they probably envision blurred racecars whizzing around an asphalt ring or sports cars revving their engines at traffic lights. What they don’t think of are industrial trucks, enormous ships, heavy farm equipment, and even refrigeration systems – all of which use turbochargers to boost the power yield of their engines.
Shipping is the main carrier of worldwide trade, transporting 90% of all goods. It is highly likely the screen you are reading this on made its way to you by sea. Despite this, the industry produces less than 3% of all CO2 emissions. However, with the global economy expected to grow by 130% between now and 2050, shipping emissions are projected to soar as global trade increases.
As the way we generate electricity changes, so do the associated greenhouse gas emissions. After over a decade of growth, 2016 was the first year that more electricity was generated from natural gas than from coal, and renewable power generation has also increased dramatically during this time period.
Each year, the U.S. economy consumes roughly 120 million tons of finished steel. Vehicles, household appliances, agricultural equipment, eating utensils and, yes, even the device on which you’re reading this article – all are made, in part, from steel.