The Inflation Reduction Act of 2022, recently passed by the U.S. Senate, sets aside over $5 billion for low carbon procurement in the built environment.
The policies in the bill aim to drive aggressive emissions reductions by 2030 within the building sector by incentivizing the use of low-carbon, clean materials for public infrastructure projects. Direct investments and tax credits will facilitate deep industrial decarbonization, with the potential to reduce over 200 million metric tons of carbon dioxide emissions annually by 2030.
Provisions in the bill include:
- $250 million for Environmental Product Declarations Assistance to support the development and standardization of EPDs for construction materials with grants and technical assistance to manufacturers.
- $100 million for Low-Embodied Carbon Labeling for Construction Materials to identify and label low-carbon materials and products for federally funded transportation and building projects.
- $2.15 billion for Use of Low-Carbon Buildings to specify and install low-embodied carbon materials and products for use in General Services Administration-owned buildings.
- $2 billion for Low-Carbon Transportation Grants that reimburse and incentivize the use of low-carbon materials and products for Federal Highway Administration projects.
- $4 billion for Improving Climate Resilience of Affordable Housing for funding to improve energy or water efficiency, indoor air quality and/or sustainability of projects, and implement low-carbon technologies, materials, and products to improve climate resiliency in affordable housing.
- FEMA Building Materials Program providing financial assistance for the use of low-carbon materials and incentives that encourage low-carbon and net-zero energy projects.
Related Stories
Codes and Standards | Apr 22, 2015
2016 Seismic Provisions for Structural Steel Buildings draft available for public review
The comment period is open until May 29.
Codes and Standards | Apr 22, 2015
GBCI renamed Green Business Certification Inc.
The name change reflects the organization’s expanded certification and credentialing services.
Multifamily Housing | Apr 16, 2015
Seattle’s size restriction on micro apartments blamed for rise in rents
Seattle’s city planner recently said that the council’s new rules have made small apartments more expensive to build and charged the board with “overreaching” and not giving micro-housing “a fair shake.”
Green | Apr 16, 2015
New version of Building Energy Data Exchange Specification launched
BEDES is a dictionary that facilitates consistent exchange of building characteristics and energy use data between tools and databases in the building energy efficiency sector.
Codes and Standards | Apr 16, 2015
New York tops U.S. cities in walkability
Revitalization pushes Detroit and New Orleans up the rankings
Green | Apr 14, 2015
USGBC will recognize energy and water standards for the Living Building Challenge
This move means that projects achieving the energy and water requirements in Living Building Challenge will be considered as technically equivalent to LEED.
Codes and Standards | Apr 12, 2015
California imposes stringent new water standards
California is the first state to adopt standards that are more efficient than those set by EPA's WaterSense program.
Codes and Standards | Apr 12, 2015
Virginia surpasses Florida for strictest hurricane building codes
Virginia has edged out Florida as the state with the most stringent hurricane building codes, according to the Institute for Business and Home Safety’s “2015 Rating the States” report.
Multifamily Housing | Mar 16, 2015
New Jersey Supreme Court puts control of affordable housing agency in the courts
The court said the state’s affordable housing agency had failed to do its job, and effectively transferred the agency's regulatory authority to lower courts.
Codes and Standards | Mar 16, 2015
San Jose adopts bird-friendly building standard
The standard includes avoiding large chunks of transparent or reflective glass and adding fritting.
