Rocky Mountain Institute (RMI) has released a tool to identify financial incentives to help developers, industrial companies, and investors find financial incentives for heavy industry and transport projects.
The first iteration of the Decarbonizing Industry Resource Tool (DIRT) is focused on federal incentives and California state-wide incentives. This tool helps identify federal funding opportunities in the steel, cement, aluminum, trucking, shipping, aviation, hydrogen, chemicals, and industrial-use battery sectors.
In order to reduce emissions from heavy industry and meet national climate goals, hundreds of net-zero industrial projects will have to be built, RMI says. The Inflation Reduction Act, signed into law in August 2022, represents the largest investment in decarbonization in U.S. history and offers numerous incentives to encourage cleaner industrial processes.
The bill offers tax credits, bonuses, and stacking rules to spur decarbonization. The RMI tool breaks down these rules to help users understand these incentives.
Related Stories
| Dec 19, 2013
Urban populations, climate change demand resilient design: Report
With over fifty percent of the population already living in urban areas, cities must grapple with the potentially catastrophic effects of climate change (think: Superstorm Sandy in New York). In a new report, Jones Lang LaSalle has identified steps cities can take to make their infrastructure more resilient to changing climate conditions.
| Dec 17, 2013
Nation's largest net-zero K-12 school among winners of 2013 Best of Green Schools award
The Lady Bird Johnson Middle School in Irving, Texas, was named a winner of USGBC's annual award, along with nine other schools, individuals and communities working toward the common goal of healthy, high-performing learning places.
| Dec 10, 2013
16 great solutions for architects, engineers, and contractors
From a crowd-funded smart shovel to a why-didn’t-someone-do-this-sooner scheme for managing traffic in public restrooms, these ideas are noteworthy for creative problem-solving. Here are some of the most intriguing innovations the BD+C community has brought to our attention this year.
| Dec 9, 2013
What is life cycle cost optioneering?
Life cycle cost optioneering is a way of assessing alternative design options, analyzing their long-term capital and operational costs to identify those with the lowest price tag, over the entire life cycle.
| Nov 27, 2013
LEED for Healthcare offers new paths to green
LEED for Healthcare debuted in spring 2011, and certifications are now beginning to roll in. They include the new Puyallup (Wash.) Medical Center and the W.H. and Elaine McCarty South Tower at Dell Children’s Medical Center of Central Texas in Austin.
| Nov 25, 2013
Manufacturers race to offer EPDs, HPDs in response to LEED v4
Under LEED v4, projects are awarded points for using at least 20 building products that have issued Environmental Product Declarations or Health Product Declarations. In response, manufacturers are racing to offer EPDs and HPDs for their product lines.
| Nov 22, 2013
Health Product Declaration Collaborative to develop protocol for third-party verification of HPDs
Seven leading product sustainability assessment companies partner with the HPD Collaborative to develop the verification and quality assurance protocols.
| Nov 19, 2013
Top 10 green building products for 2014
Assa Abloy's power-over-ethernet access-control locks and Schüco's retrofit façade system are among the products to make BuildingGreen Inc.'s annual Top-10 Green Building Products list.
| Nov 18, 2013
USGBC, UL Environment announce joint Environmental Product Declaration
Strategic partnership between U.S. Green Building Council and UL Environment will focus on building materials and product transparency.
| Nov 15, 2013
Greenbuild 2013 Report - BD+C Exclusive
The BD+C editorial team brings you this special report on the latest green building trends across nine key market sectors.
