While much attention has been paid to the “energy transition,” other sectors, such as transportation, are experiencing their own transformation. With the recent passage of the historic $1 trillion infrastructure bill, which dedicates billions of dollars to roads and bridges, public transit, electric vehicles (EVs), and airports, now on its way to the desk of President Biden, the sector appears to have the ammunition it needs to make long-awaited strides, bringing about new opportunities for infrastructure investors.
The transportation sector, which consists of highways, transit, railroads, ports and airports, can be counted as a key part of the larger energy-transition story. After all, transportation is the largest source of climate-disrupting pollution in the United States. The Energy Transitions Commission notes that mobility alone represents roughly a quarter of global carbon-dioxide emissions from energy, 60 percent of which come from heavy-duty transport, such as tr
