Clean energy revolution is one of Joe Biden’s plans for presidency. Opportunities will arise in Clean Energy (including solar, wind, etc.) and EV sector.
1.Clean Energy
Biden’s Plan:
- “... will invest $400 billion over ten years, as one part of abroad mobilization of public investment, in clean energy and innovation.”
- “ensure our agricultural sector is the first in the world to achieve net-zero emissions, and that our farmers earn income as we meet this milestone”
- “Make environmental justice a priority across all federal agencies”
Stock examples:
- First Solar (NASDAQ: FSLR)
- NextEra Energy (NYSE: NEE)
- Renewable Energy Group (NASDAQ: REGI)
- Xinyi Solar (SEHK: 968)
2.Electric Vehicle
Biden’s Plan:
- “... aimed at ensuring 100% of new sales for light- and medium-duty vehicles will be zero emissions ...”
- “... support the deployment of more than 500,000 new public charging outlets by the end of 2030 ...”
Stock examples:
- Tesla (NASDAQ: TSLA)
- General Motors (NYSE: GM)
- Aptiv plc (NYSE: APTV) (EV architecture)
Source: Joe Biden for President: Official Campaign Website
