Congress is moving to draft legislation that would cap carbon dioxide emissions and create a carbon allowance trading program to help emitting industries comply. House Energy and Commerce Committee Chairman Henry Waxman (D-Calif.) says he plans to complete a bill by Memorial Day with targets and deadlines for emission reductions. The bill could include energy-efficiency standards and require utilities to generate a specific portion of power with renewable energy sources. A House floor vote could come later this year. In the Senate, Environment and Public Works Committee Chair Barbara Boxer (D-Calif.) says she wants to take a deliberative approach to
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.