Renewable energy is the big energy industry winner in the stimulus bill signed into law on Feb. 17. By ENR’s estimate, the new law provides $30.6 billion in energy-related spending and tax incentives. But a provision for $50 billion in federal loan guarantees to build new nuclear power plants was dropped from the bill that emerged from the conference reconciling the House and Senate versions. Ties That Bind. Bill aims to stimulate smart-grid development but doesn’t focus on projects. While welcome, cash, tax credits and loan guarantees may not be what’s most needed. “The renewable-energy industry is doing fairly well,
With just two months until scheduled completion, contractors at the Naval Air Station in Jacksonville, Fla., are putting finishing touches on the U.S. Navy’s largest hangar, which is being built to make room for five squadrons coming from Maine under the government’s Base Realignment and Closure program. Slide Show Photo: Mortenson Construction Co. Setting times for the clear-span box truss sections improved with repetition. Photo: Mortenson Construction Co. Five squadrons will move from Maine to Jacksonville, Fla. Mortenson Construction Co., Minneapolis, is the design-builder for the $127.7-million project under a multiple award construction contract with the Navy. The scope of
Six subcontractors have been sued by the developer of a six-story parking garage in Jacksonville, Fla., that collapsed in December 2007 , killing one worker and injuring 23 others. Atlanta-based developer Berkman Plaza 2 LLC filed the suit Jan. 12 in circuit court in Duval County, Fla., seeking damages "well in excess of" $36 million and demanding a jury trial. Photo: John T. Bell Two-thirds of Berkman Plaza 2 garage collapsed as the sixth floor slab was being poured. Named as defendants in the suit are Southern Pan Services, Co., Davie, Fla.; Universal Engineering Sciences Inc., Orlando, Fla.; Infinity Reinforcing
Buoyed by the state of Florida’s decision to buy 181,000 acres of land in the Everglades Agricultural Area to reconnect Lake Okeechobee with the lower Everglades, the 300 people attending the Everglades Coalition Conference in Miami on Jan. 8-11 found reasons for optimism in the decades-long battle to protect and revitalize southern Florida’s vast wetland ecosystem despite the gloomy economic climate. Gov. Charlie Crist (R) negotiated to buy the land from United States Sugar Corp., Clewiston, Fla., and announced the deal on June 24. Despite its $1.34-billion cost and the floundering economy, he insisted in a speech to the conference
After two days of public hearings and debate, the South Florida Water Management District’s governing board still hesitated to approve an agreement to purchase 180,000 acres of land in the Everglades Agricultural Area from the United States Sugar Corp. for $1.34 billion. As it stood, the board feared, the agreement could expose the district to penalties for conditions over which it had no control. Finally, the board approved a modified agreement with a 4-3 vote, knowing that the Clewiston, Fla., agribusiness might refuse to accept the amendment. But late on Dec. 16, after the water district’s vote, U.S. Sugar issued
When Caterpillar Inc.’s run of record sales and profits is over for the foreseeable future, you know the world’s economic condition is in bad shape. Contractors are hitting the auctions and used-equipment lots. For less-fortunate businesses, it’s liquidation time. Prices are plummeting, and producers are hunkering down. Photo: Hyundai Lifting market still has legs, suppliers say. Photo: Hyundai Hyundai’s 9 Series bids to move up. Related Links: Credit Cancer Kills Prospects for Recession-Proof Global Economy Global Financial Crisis and Recession Is Knocking Down Inflation Worldwide Even Overheated Gulf Market Moves Into a Slump in a Changing Economy Prices Go Awry
The speaker repeated it twice for effect: “Nothing humans can do in mitigation between now and 2100 will affect the level of sea-level rise between now and 2100.” The rise will be substantial, possibly close to one meter, said Michael K. Orbach, professor of marine affairs and policy at Duke University Marine Laboratory, Beaufort, N.C. “We cannot stop it. All we can do in the next century is adapt to it,” he added. Slide Show With much of the Gulf Coast at low elevations, forecasts of rising sea levels show flooded infrastructure. With much of the Gulf Coast at low