Corps, BuRec funds go for port, inland waterways, flood protection and rural projects to improve freight flow, provide climate change resilience and help disadvantaged communities.
As the Biden administration ramps up efforts to include consideration of project greenhouse gas emissions impacts in policymaking, court developments and a March 24 Federal Energy Regulatory Commission action show a fluctuating path toward final carbon effect rules.
Construction starts are once again increasing after a slowdown in the fourth quarter of 2021. But labor shortages continue, and after a brief decline, materials prices are again climbing, caused partially by the war in Ukraine.