Voting reps from nearly 200 nations at Dubai event ending Dec. 13 agreed to “transition away” from fossil fuels—boosting renewables, nuclear energy and climate investment—but did not mandate specific actions to cut back traditional energy use.
The coming year presents a complex landscape for the construction industry. Cost, risk and growth will be impacted by geopolitical turmoil, inflation and increased regulatory complexity.
With the worst of the pandemic-related production issues now largely resolved, the construction equipment market is returning to a more normal state of affairs, despite a rise in prices over recent years.
Despite a surprisingly strong economy, construction industry executives report that they enter 2024 with much of the same trepidation they faced at the start of 2023.
Co-founder and former CEO of Thornton-Tomasetti and founder of the ACE Mentor program invested effort in project design and delivery and workforce skillbuilding
First installed turbine at the 132-GW South Fork project off the New York coast has now sent wind energy to the state grid, with first power flow also imminent at the 800-MW Vineyard Wind project off Massachusetts and other state projects pushing past ongoing constraints.