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Clean energy has been a hot topic in town in recent years, but since 2020, the Covid-19 pandemic has been a hot topic. Well, it’s all changing. Together with President-elect Joe Biden, who will take office next month, it marks a new beginning in progress in clean energy innovation.

At the campaign rally, Biden talked about promoting clean energy and modernizing infrastructure. Now it’s time to see if hell will take a walk. He promised to invest $ 2 trillion in clean energy. This is a considerable amount and can be of great help in compensating for the lack of progress in recent years.

The money will be used for a variety of projects, including car charging infrastructure, improving battery technology, and air travel.

Why do you need clean energy?

Hurricanes, wildfires, melting ice caps, rising sea levels, extreme weather events. All of these have provided humans with evidence of the destruction that is capable of climate change. Now there is a generational shift in the need to do something about it. Young investors are looking for a more environmentally friendly way to make their money work, and hedge funds are bringing ESG-friendly investment options to address it.

Images taken from the NASA website

Due to the pandemic, the planet screamed and stopped earlier this year. If I could pause enough time for the planet to heal, I could get a glimpse of how wonderful it was. Of course, it’s economically impossible, so you need to find an alternative solution.

Humans are guilty of contributing to the global warming crisis through pollution and greenhouse gas emissions (including CO2, methane and nitrous oxide). However, the driving force of innovation has spawned many clean energy solutions.

Clean air travel

Prior to landing in 2020, the United Nations predicts that aircraft CO2 emissions will exceed 2.7 billion metric tons by 2050. The Covid-19 may have delayed this for now, but it could accelerate again as the world returns to its normal pace.

One way Biden wants to tackle this is to encourage the creation of a variety of new and sustainable fuels for airplanes. He also proposes changes to aircraft technical standards, management, and design. All of this helps reduce emissions and keep them in line with your goals.

Drone delivery

Drone technology has been steadily advancing in recent years. Amazon.com, Inc. (NASDAQ: AMZN) has been talking about package delivery for years, but this seems to be just around the corner. Prime Air is a drone delivery system intended for delivery within 30 minutes using an unmanned aerial vehicle (UAV).

According to the Financial Times, Amazon is accelerating the progress of its long-awaited drone project in partnership with Austria’s FACC Aerospace (VIE: FACC) and Spain’s Aernnova Aerospace.

For the declining aviation industry, drone operations are a natural advance and could be a welcome area of ​​revenue for the coming years. Many remote areas remain isolated from technological advances, but UAVs can change that dramatically by reducing delivery times.

Amazon isn’t the only one with drone delivery plans. UPS (United Parcel Service, Inc. (NYSE: UPS)), FedEx (FedEx Corporation (NYSE: FDX)), Walmart Inc (NYSE: WMT)), Google (Alphabet Inc Class A (NASDAQ: GOOGL)) are all invested And we are looking for ways to get the most out of this technology. Over the next few years, drone delivery can cause industry turmoil across many sectors, including energy, healthcare, mining and retail.

Draganfly Inc (CNSX: DFLY | OTCQB: DFLYF | CSE: DFLY | FSE: 3U8) is a Canadian drone company and a leading manufacturer in the field of unmanned aerial vehicle systems. It has already signed several contracts with the military, has generated stable profits and recently signed as an exclusive supplier of Varigard. With its powerful technology, it is in a great position to deliver Varigards Covid-19 killing disinfectants to arenas, concert venues and stadiums. Draganfly is an award-winning drone maker worth a look.

Drone Delivery Canada Corp (TSXV: FLT | OTC: TAKOF) is another company operating in this area. I recently tested the Robin XL drone program in rural areas. We are aiming to start remote delivery next year, and a testing schedule approved by the Ministry of Transport will help make that happen. The Robin XL can carry up to 11.3 kg (25 lb), but with the largest drone, the Condor, it can carry up to 180 kg (400 lbs) of heavy luggage. Drone delivery across Canada’s vast region is a much more environmentally friendly way to deliver packages to remote locations. In 2019, Drone Delivery Canada signed a partnership with Air Canada. Air Canada has benefited from its extensive contact network, leading to many new and important deals.

Drones, on the other hand, are used in research, commercial and personal photography, real estate, and many other areas of modern industry. Global Energy Metals Corp uses drones to conduct UAV magnetometer surveys, providing digital surface modeling that goes beyond the site’s top priorities.

In another example of drone innovation, Biden’s election night victory was celebrated at the drone show. A safer and more environmentally friendly alternative to the fireworks display. The drone has deployed 200 GPS-navigating light shows on choreographed displays that are perfectly synchronized with the music. Yet another innovative example of technological progress in pursuit of a cleaner world.

Clean commuting infrastructure (bicycles and pedestrians)

Biden’s mission is to achieve zero-emission public transport in cities with a population of over 100,000. To do this, the Biden administration wants to work with cities and towns to significantly improve the overall infrastructure for pedestrians and riders on bicycles, electronic scooters and micromobility vehicles. He also wants to build the cleanest, fastest and safest rail system in the world. To achieve this, we will also need US-made buses to reach our zero-emissions target by 2030.

British companies seeking to list on NASDAQ in the United States may be in a position to help Biden achieve this goal. Arrival is preparing for mass production of the first electric bus within a year, followed by an electric van by early 2022. With an IPO of $ 660 million ($ 489 million), the company is expected to be worth about $ 5.4 billion.

With a different business model from Tesla Inc (NASDAQ: TSLA), we plan to deploy the microfactory where it is most needed. Robot production lines can be used to rattle small or large vehicles with lower margins and higher profits while providing affordable prices to customers.

Electric car

There is no doubt that the EV market is collapsing due to the progress of Tesla’s astronomical stock price during 2020. And Biden wants to solidify it by positioning the United States as a world leader in EV manufacturing and distribution. He also wants to restore a full electric vehicle tax credit to consumers. This will reward your purchases and help improve your land-wide uptake.

Electric vehicle makers Fisker Inc (NYSE: FSR) and Nikola Corporation (NASDAQ: NKLA) were both unveiled this year, each reaching a market capitalization of billions of dollars.

Advance battery technology

Improving battery technology is another area of ​​innovation that is desperately seeking capital and research to accelerate progress. Both Tesla and Nio Inc (NYSE: NIO) are moving forward in this sector as they have the potential to revolutionize EV distribution and many other disruptive innovations around the world.

Biden’s campaign called on the federal government to invest in battery and energy storage technologies. That’s $ 5 billion over five years. It focuses on accelerating research and development in the United States. Biden wants to do its best to create jobs in the United States and reduce dependence on foreign countries, so the move includes a domestic supply chain of battery-powered electric vehicles manufactured by American workers. Development is also included.

Car charging infrastructure

Biden talked about building 500,000 electronic charging stations. The lack of readily available infrastructure is one barrier that prevents consumers from choosing electric vehicles. This level of investment will greatly help improve the car charging infrastructure across the United States.

The president-elect also said he would like to offer rebates to buyers seeking to replace their old cars with fuel-efficient alternatives. Biden was involved in a similar plan when he worked with the Obama administration. Formally known as the Automobile Allowance Rebate System (CARS), it is commonly known as Cranker Cash. This lasted for two months in the summer of 2009 and cost $ 3 billion.

Chargepoint creates a charging station. The progress is constantly futuristic. It even allows you to start charging with your phone or your voice. To date, we have raised $ 127 million ($ 107 million) through several rounds of cash from venture capitalists. It will soon be listed on the NYSE due to a reverse merger with SPAC Switchback Energy Acquisition (NYSE: SBE).

Smart traffic light

The introduction of traffic lights optimized for machine learning is another management goal of Biden. This technology aims to reduce traffic congestion and improve safety at intersections.

So far, Savari has raised about $ 20 million, according to Crunchbase. We are developing wireless sensor software and hardware sensor technology to connect cars, traffic lights, pedestrians and bicycles. This will facilitate the construction of smart cities.

All of these sectors are worth further investment and are increasingly drawing money from venture capital space. Green hydrogen technology is a hotly debated area that seduces investors’ money. Meanwhile, battery technology in particular is loved by venture capitalists who have raised over $ 550 million over the past year. One such VC-assisted EV battery maker is Romeo Systems, which is scheduled for an IPO shortly.

Other businesses seeking to improve carbon emissions include the Powerhouse Energy Group, which is seeking to improve carbon emissions by advancing plans to build the first clean energy site. And EQTEC stocks that utilize sustainable waste by turning it into energy to support the climate change revolution.

The clean energy sector could perform best under Joe Biden if Joe Biden implements new policies to keep the worst side effects of climate change off the ground.

All industries are responsible for preventing things from getting worse and helping the planet heal. New markets are emerging from this carbon heavy industry ash, and there are many lucrative areas for knowledgeable investors to make money.

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