The Inflation Reduction Act: One Year In
August 16th, 2023 was the first anniversary of the passage of the Inflation Reduction Act (IRA). While the IRA was not solely passed as a climate or energy bill (it includes provisions on the US national debt and
Pedestrian and Bike Funding Gets a RAISE in 2023
The Infrastructure Investment and Jobs Act (IIJA) provides $7.5 billion in funding over four years to the Rebuilding American Infrastructure with Sustainability and Equity (RAISE) grant program. RAISE is an existing U.S. Department of Transportation (DOT) program that funds
Funding Awards for Key Climate Programs (So Far)
Since the enactment of the Infrastructure Investment and Jobs Act (also known as the Bipartisan Infrastructure Law) in 2022, we have seen a total of $20.3 billion in funding awarded across the country for 2,196 projects across 39
Federal Support for Carbon Capture
Overview of CCUS and DAC Carbon capture, usage (or utilization) and storage (CCUS) and direct air capture (DAC) are the two primary non-natural methods for capturing and sequestering atmospheric carbon dioxide. The two systems differ primarily in that CCUS
Tax Credits Take Shape
The Inflation Reduction Act (IRA) will deliver an estimated $265 billion in tax credits for the 24 climate tax credits on the Climate Program Portal. These tax credits make up a significant portion of the climate funding from
Defining Disadvantage: The Climate & Economic Justice Screening Tool (CEJST)
The Biden Administration’s Justice40 initiative rests on two unknowns: who are the disadvantaged communities (DACs) and how do we define the “40 percent of overall benefits” that will flow to them? We now have the clearest sense yet on