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November 12, 2024
PI Global Investments
Infrastructure

Biden Eyes Infrastructure Build For Big Truck Charging Stations


The Biden administration has unveiled a detailed road map to help spur build-out of charging and hydrogen refueling infrastructure for big trucks.

Why it matters: Diesel-powered freight movement is a big source of carbon dioxide, and dangerous air pollutants like fine particulate matter.

  • Yet lack of infrastructure to support electric and hydrogen models is a barrier to deployment.

The big picture: Enter the new “National Zero-Emission Freight Corridor Strategy.”

  • It’s designed to help guide public dollars and catalyze private investment, but it also aims to “focus utility and regulatory energy planning” at local and regional levels and “align” industry activity.
  • Officials see a tool for breathing life into the administration’s goal of zero-emissions models reaching 30% of medium- and heavy-duty truck sales in 2030, and 100% by 2040.

Threat level: These trucks spew roughly a fourth of all greenhouse gases from U.S. transportation, the announcement states. And transportation is the largest overall emissions source.

Catch up fast: Recent years have given officials new money and policy tools, such as billions in the bipartisan infrastructure law for refueling infrastructure.

The bottom line: The strategy is an attempt to get lots of voices singing in harmony.



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