Catherine Clifford writes in CNBC on Parallel Systems, a startup that is looking to modernize America’s freight system by creating fully electric self-powered train cars.
- Trains produce fewer greenhouse gas emissions and are more energy efficient than trucks, but face operational and economic limits to further deployment.
- Parallel Systems’ vehicle prototype would work in pairs, with each pair carrying a standard size shipping container. This design would create shorter locomotives which would lessen loading times in terminals.
- The innovation of the free market is creating new and exciting clean technologies.
Read the full article here.