The Oregon state legislature is hoping to raise billions for transportation projects from new sources as gas tax revenue dwindles. Democrats are pushing for a focus on maintenance.
New federal regulations would force a shift to fuel-efficient hybrids and electric vehicles in the coming years. States such as New Jersey are already raising gas taxes and adopting EV fees.
The country needs a lot of new infrastructure. But we keep putting it in the wrong places.
The Effingham City Council unanimously approved an amendment to the city’s zoning ordinance to regulate cryptocurrency mines and data centers, including their noise generation and physical locations.
Due to a series of atmospheric river storms in 2022, several levees broke along Sacramento County’s Cosumnes River, causing three deaths. The levee repairs were completed last year.
The Reconnecting Communities program is giving $3.3 billion to help cities address problems caused by highways. But in most cases, the projects stop short of removing highways altogether.
The Midcontinent Independent System Operator released a draft proposal earlier this month that aims to shift the region away from fossil fuels amid a rising demand for power. But many of the details are uncertain.
As other states ramp up their own development incentives, Texas is experiencing more competition for opportunity zone projects. Of 94 economic incentives projects across the nation this year, just two were in Texas.
The $7.5 million electric crane will help the city forgo around 350,000 gallons of diesel fuel in its lifespan. The machine is the largest of its kind to run entirely on electric power.
The state will launch an alternative system where drivers are charged for each mile they drive. That might replace the gas tax, which hasn’t been updated since 2003. As of 2022, just 0.13 percent of the state’s vehicles were hybrid or electric.
Two political leaders are backing a congressional bill that would lower the cost of homeowner property insurance by about a quarter. In 2023, Florida homes cost three times the national average to insure.
An audit by a federal watchdog found several instances of poor planning, misallocation of funds and a lack of workers which undercut millions of dollars of federal aid meant to keep stormwater at bay.
Since 2019, the state has experienced 263 outages, each lasting an average of 160 minutes and impacting an estimated 172,000 Texans. During Texas’ deep winter freeze in 2021, there were 47 outages.
Today’s interest rates may tempt public financiers to try to play the spread between tax-exempt and taxable bond yields. That invites heightened federal scrutiny, but there are some strategies likely to avoid the bite of the IRS.
A new $1 billion fund will help Texas communities fix crumbling water infrastructure. Advocates say much more will be needed due to population growth and climate change.
A handful of incoming mega-projects, such as a $15B Micron expansion and a new Meta data center, could squeeze the state’s tradesmen and hinder other developments across the state.
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