The appetite for speedy package delivery around the world is costing the planet. For years, delivery giants have promised dramatic cuts to their emissions, including through rapid deployments of electric delivery vehicles. But their environmental efforts aren't keeping pace with the industry's ballooning carbon footprint. Companies have little urgency to decarbonize, experts say. Switching to an electric fleet and setting up the charging infrastructure can cost companies millions, making the high price tag yet another hurdle — especially as some companies and agencies look to reduce spending. Ben Elgin reports today on Bloomberg Green: As Demand for Fast Deliveries Surges, Companies Struggle With the EV Transition — Teresa Xie Only Half of NYC Subway Riders Say They're Satisfied With System Satisfaction among daily users of the city's subways and buses is waning just as the nation's biggest mass-transit provider seeks to boost ridership and revenue. From the Archives: We Are Going to Need a Lot More Electric Delivery Bikes Shipping companies in European cities are replacing delivery vans with cargo bikes and trikes. But the U.S. rollout of these vehicles has been frustratingly slow. Housing Affordability Near Record Low Hits Black Buyers Particularly Hard The Black homeownership rate in the US saw its largest jump on record in the early days of the pandemic. Now, soaring borrowing costs and home prices threaten to erode those gains. |
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