DOE Chief Jennifer Granholm told Columbia U. summit the president is "obsessed" with project permit reform and expedited approvals—as G7 climate ministers agreed April 16 to pursue common goal of net zero through "various pathways," while still supporting natural gas development.
Bechtel-led construction of $13.6B Driftwood export terminal could be advanced by developer Tellurian's decision to sell large part of the site to an unnamed investor and lease it back for 40 years.
Inflation, rising interest rates and a skilled labor shortage continue as negative economic factors heading into the second quarter, said Anirban Basu, chief economist at the Associated Builders and Contractors.
Pact details not disclosed in dispute over GE Haliade-X offshore wind turbine design, leaving unclear the status of a court-mandated ban on U.S. sales.
New York will receive the largest allocation of the new Clean Water SRF money from the omnibus spending measure, with $83.6 million, with California's $54.2-million allotment ranking second.
With the economy so far navigating through recession risks, ENR’s Construction Industry Confidence Index shot up 11 points this quarter to a cautiously pessimistic 44 rating, with 68% of survey respondents seeing the current market as either stable or improving, up from 62.7% last quarter.
Recession fears continue to loom as the first quarter comes to a close. Inflation remains an ongoing issue, while recent failures in the banking sector pose additional threats.