America's public transit fiscal crisis, tokenizing infrastructure, and the promises of virtual power plants
Transit agencies across America are struggling to regain ridership post-COVID. The country's eight largest agencies (NYC's MTA, BART, LA Metro, MBTA in Boston, the DC area's WMATA, SEPTA in Philly, New Jersey Transit, and the Chicago Transit Authority) are also collectively facing a $6.6B cumulative budget shortfall through 2026.