On this episode of The Construction Record Podcast, digital media editor Warren Frey joins ConstructConnect chief economist Alex Carrick and senior economist Michael Guckes to discuss the challenges facing a transition towards a new green economy for North America and the rest of the globe.
Alex recently releasedan articleon how manufacturers making vital components like steel, concrete, glass and other materials face challenges switching away from fossil fuels to power their work towards electrification and how that will be a very complicated process. Michael also explained while major metropolises work towards having primarily EV vehicles on their streets there are serious challenges to implementing vehicle chargers and other infrastructure at scale.
Alex also pointed to the challenges of building new mining projects, which will provide vital materials like copper and lithium to power both electronics and the green economy, and Michael pointed to how the world is moving into separate trade blocks that may have varying degrees of interest in moving towards a carbon-neutral or negative world.
You can listen to The Construction Record on the Daily Commercial News and Journal of Commerce websites as well as onApple Podcasts,SpotifyandAmazon Music’spodcast section. Our previous interview with educators and trade consultants Kayti Bjorklund-Strandlund and Ry Bostrom ishere. Thanks for listening.