One of the big contributors to rising food prices over the past year has been the cost of getting food from the field to the grocer. Truck drivers across Europe and especially in the UK have been protesting increasing fuel costs
for months. The U.S. Department of Energy is partnering with the Swedish government and one of the largest manufacturers of heavy trucks - the Volvo group - to find ways to reduce the fuel consumption of those trucks. The two governments and Volvo have already previously committed $12 million to the joint development program and this week announced an additional $36 million dollars. The two governments will each contribute $9 million of the new funds with the rest coming from Volvo. The goal is to reduce fuel consumption of the truck engines by 10 percent. The program will evaluate biofuels in heavy truck engines as well as develop advanced transmissions, new engines and hybrid drive systems.
[Source: Department of Energy