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Infrastructure Finance

A massive storm pummeled the state with strong winds and heavy rain, causing widespread destruction, impassable roads and the deaths of four residents. The state, 14 counties and five cities declared a state of emergency.
A big slice of Inflation Reduction Act funding comes with a mandate to help underserved communities. Cincinnati is already delivering on the promise.
State officials are offering up to $400 in gift cards to drivers who are willing to try out a new system aimed at replacing the gas tax with funding based on the number of miles a person drives.
The state’s Environmental Finance Authority acts as a bank, a development authority and an aid agency all at once. The agency’s mission is about to get even larger as it will manage $1 billion of federal aid.
Tampa Electric has called for a new rate structure that would shift the economic onus from the utility’s largest customers to residences and smaller businesses, resulting in a potential rate increase of $200 monthly.
By 2030, data centers will need 35 gigawatts of electricity, which is enough to power more than 26 million average homes. Some states are concerned that more data centers will risk the reliability and affordability of local electric grids.
They'll need a lot more federal help to stay afloat.
Indiana is finishing its portion of Interstate 69, a highway planned to run from Canada to Mexico. It’s been in the works for decades.
The Nova Power Bank in Menifee, Calif., will host roughly 2,000 batteries over 43 acres and store enough electricity to power 680,000 homes for up to four hours. The facility is expected to be completed next year.
There’s a reason why we have trouble solving crucial community problems. It’s not an easy one to deal with.
ERCOT, the power grid operator for Texas, has warned of flaws in some solar, wind and battery storage resources that could disconnect the grid if there are frequency disturbances such as lightning strikes or equipment failures.
Permitting obstacles too often slow deployment of federal infrastructure dollars.
Maryland legislators are taking steps to protect workers and businesses affected by the port and highway closure. There are broader, indirect effects, however, that are creating additional uncertainty.
For politicians, there are lots of incentives in favor of new construction projects but not much for maintenance. That can lead to deadly results, as the bridge collapse in Baltimore demonstrated.
The five members of Florida’s Public Service Commission have great sway over what sources energy utilities use to generate electricity and how much Floridians must pay for their power.
The federal Affordable Connectivity Program has helped 23 million low-income households afford Internet connections to schedule or attend health-care appointments. But the program will soon run out of funds.