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.
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| Jan 19, 2011
New Fort Hood hospital will replace aging medical center
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| Jan 19, 2011
Museum design integrates Greek history and architecture
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| Jan 19, 2011
U.S. Green Building Council Welcomes New Board Directors
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| Jan 10, 2011
Michael J. Alter, president of The Alter Group: ‘There’s a significant pent-up demand for projects’
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| Jan 4, 2011
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LEED 2012: 10 changes you should know about
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California buildings: now even more efficient
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