Lawmakers are moving ahead with plans for new legislation authorizing billions of dollars for flood protection, harbor dredging, river locks and dams, ecosystem restoration and other projects.
Project would replace coal-fired facility that spilled millions of gallons of coal ash waste in a river and surrounding area after a 2008 impoundment collapse.
Uncertain economic returns and duration of federal tax credits could delay or cancel project proposed by six oil firm majors, set to be the world’s largest, says energy sector research firm Wood Mackenzie.
The specialty contractor also reported solid revenue growth year over year, to $20.9 billion from $17 billion for 2022, noting a significant rise in renewable energy-related work.