Substantial Spending on "Green" Infrastructure Should Benefit Swift Rails
Published on Jan 12, 2021
The recent transition to Democratic control has generated significant investment demand for companies in infrastructure, cleantech, electric vehicles, etc. At Swift Rails we believe the substantial new focus on climate friendly infrastructure spending should provide a strong and exciting tailwind for our business. The Biden plan talks about “Revolutionizing municipal transit networks”, “Sparking the second great railroad revolution”, and empowering “state leaders to explore new, smarter, climate-friendly strategies to help reduce average commute times” by creating a “competitive grant program to help leaders rethink and redesign regional transportation systems, to get commuters where they are going safer, faster, and more efficiently”.
The Biden team says “we need to build a modern, sustainable infrastructure now” and stated their goal to “provide every American city with 100,000 or more residents with high-quality, zero-emissions public transportation”. There are over 300 cities in the U.S fitting this criterion, just a handful of those cities could result in hundreds of millions of revenue for Swift Rails.