Items Tagged with 'Inflation Reduction Act'

The Alcan Land Port of Entry was built in 1972 and needs new facilities to improve operations and security at the remote U.S.-Canada border crossing.

The Biden administration is pushing to award grants and move funds to projects funded by signature infrastructure and climate measures before President-elect Donald Trump takes over.

Focus is on funding from the infrastructure law and the Inflation Reduction Act.

The facility would accommodate commercial traffic crossing into the U.S. in Douglas, Ariz., relieving an aging facility nearby.

25 US grantees were selected from 300 applicants, some of them regional coalitions, to address air quality and reduce greenhouse gas emissions—with Pennsylvania and California as big winners.

Projects coming online as soon as 2025 can qualify for credits, including some using traditional fossil fuels, with additional amounts added for factors including prevailing wages, apprenticeship, domestic content, and energy community location.

The $27-billion Greenhouse Gas Reduction Fund was created under 2022's Inflation Reduction Act.

U.S. Treasury Dept. expands criteria for developers to qualify for larger tax incentives, as first US three-state offshore wind procurement in New England ends with four bids for 6.8 GW offered.

Eligible categories of materials are concrete and cement, glass, asphalt mix and steel.

The project is part of a federal "buy clean" initiative focused on low-embodied carbon construction materials.