ACM - Exploring the infrastructure landscape after Buttigieg confirmation
Mayor Pete became Secretary Pete on Tuesday after the Senate confirmed him (86-13) to lead the Department of Transportation. At age 39, he'll become the first openly gay cabinet member and the youngest U.S. Transportation Secretary ever.Buttigieg will play a central role in the Biden administration's $2T climate and infrastructure plan, which could boost renewables and other sustainable stocks: Think about NextEra Energy (NYSE:NEE), Brookfield Renewable Partners (NYSE:BEP), Enphase Energy (NASDAQ:ENPH), TerraForm Power (NASDAQ:TERP), Enbridge (NYSE:ENB), Pattern Energy (NASDAQ:PEGI), Renewable Energy (NASDAQ:REGI) and Duke Energy (NYSE:DUK). Biden has additionally pledged to roll out a vehicle charging network rollout, which could help Tesla (TSLA), Blink Charging (NASDAQ:BLNK), Switchback Energy (NYSE:SBE) and ABB (NYSE:ABB).Other things that will likely be considered are zero-emissions public transit and higher federal fuel economy standards. Biden has already directed federal agencies to consider revising vehicle fuel emissions standards that were cut by the Trump administration and announced
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Exploring the infrastructure landscape after Buttigieg confirmation