The U.S. Energy Dept. updates its strategy to cut emissions with clean hydrogen, but the Treasury Dept. won't propose until summer rules on how emissions from its production are counted when awarding critical project tax incentives outlined in the 2022 climate law.
Gov. Gavin Newsom May 19 executive order creates an “infrastructure strike team” to identify and expedite key projects, and his plan for a legislative package would further reduce time to move them from planning to construction.
Competitive grant awards available to road, bridge, port, passenger rail and pedestrian facility projects follow last July's $1.4-billion distribution of formula PROTECT funding.
Representatives of major construction and transportation groups say that highway and transit funds from the Infrastructure Investment and Jobs Act continue to move out, financing active projects around the country at a solid pace.