“Biden Details $2 Trillion Plan to Rebuild Infrastructure and Reshape the Economy,” March 31 article in the New York Times:
- “The president’s focus on climate change is centered, however, on modernizing and transforming the United States’ two largest sources of planet-warming greenhouse gas pollution: cars and electric power plants.”
- “Mr. Biden’s plan proposes $100 billion in programs to update and modernize the electric grid to make it more reliable and less susceptible to blackouts, like those that recently devastated Texas, while also building more transmission lines from wind and solar plants to large cities.”
- “It would electrify 20 percent of the nation’s fleet of yellow school buses.”
The largest infrastructure plan since WWII is slated to both fix our current aging bridges and roads while also propelling us into the future with the electrification of our grid’s energy sources and transportation. This will help job growth and at the same time allow us to catch up with China and Europe. First Solar (FSLR) is one of your best choices for large solar farm projects to help reach those ambitious infrastructure goals, as they specialize in industrial scale layouts. And Cummins (CMI) bought out Hydrogenics in Sept ‘19 knowing that they’d eventually be transitioning from majority diesel and natural gas engine manufacturing to electric/hydrogen in the near future. They have the experience and factory assembly capacity to handle any kind of school bus fleet conversion (as well as trucks), and can also be a part of any hydrogen train discussion as they already have working models by supplying the engines for Alstom in Europe (and we know Biden loves trains). They also own the technology acquired from Hydrogenics to do multiple MW hydrogen cell stacks for large scale energy storage, which will be key to resilient smart grids.
“The future is now. It’s time to grow up and be strong. Tomorrow may well be too late.” –Neil LaBute