$5 trillion in nature-related global economic risks will amplify climate change - Oxford study
“Nature is not the elephant in the room, it’s the huge green scorpion running towards us” – Dr Nicola Ranger, lead author of Oxford study Erosion of natural capital linked with biodiversity loss and environmental degradation generates significant and long-term risks to society, the economy and finance, including Value at Risk from loss of pollinators to agriculture of over $400 billion and risks to global supply chains from water stress and pollution of more than $5 trillion. We urgently...
U.S. Department of Transportation Announces $3 Million in ‘Quick Release’ Emergency Relief Funding to Repair I-10 near Downtown Los Angeles
WASHINGTON – The U.S. Department of Transportation’s Federal Highway Administration (FHWA) today announced the immediate availability of $3 million in “quick release” Emergency Relief (ER) funds for use by the California Department of Transportation (Caltrans) to offset costs of emergency repair work on a section of Interstate 10 near downtown Los Angeles damaged by a fire that took place under the interstate and resulted in a closure in both directions. “This segment of I-10 is a vital corri...
Biden-Harris Administration Announces $34 Million in Grants to 10 States for Advanced Digital Construction Technologies That Save Time and Money
New Bipartisan Infrastructure Law program makes transportation projects easier to deliver WASHINGTON – The U.S. Department of Transportation’s Federal Highway Administration (FHWA) today announced the award of $34 million in grants to 10 projects in 10 states under the Advanced Digital Construction Management Systems (ADCMS) grant program. The grants will help promote digital construction, such as computer modeling and 3D design, and state-of-the-art practices to accelerate project deliv...
Port Secures Major Federal Transportation Grant
$52.6 million award will fund critical portion of Pier B On-Dock Rail Support Facility U.S. Department of Transportation officials on Thursday announced a $52.6 million grant to modernize critical on-dock rail capabilities and improve several key roadways aimed at speeding the flow of cargo through the Port of Long Beach. As part of the agency’s Maritime Administration’s Port Infrastructure Development Program, the grant will fund the addition of a track along the Dominguez Channel Railroa...
Siemens to invest more than US$500 million in U.S. manufacturing for critical infrastructure in 2023
Total U.S. investments to support high-growth markets like data centers, batteries, semiconductors, EV charging and rail transportation New US$150 million investment in Dallas-Fort Worth production of critical electrical infrastructure equipment to help power U.S. data centers and accelerate adoption of artificial intelligence (AI) Already announced: US$220 million rail manufacturing plant to bolster U.S. infrastructure and mobility All investments to create a total of around 1,700 jobs...
ACEC Launches National Ad Campaign Urging Congress to Fix the R&D Tax
Washington, DC –This week, the American Council of Engineering Companies (ACEC) launched a national ad campaign urging Congress to repeal the 5-year amortization mandate of research and development (R&D) expenses before the end of the year. The six-figure ad buy will run nationally on cable and streaming platforms, with additional television and radio ads running in Washington, D.C. throughout November. Without urgent action from Congress, many engineering firms are facing crushing tax bil...
USDOT Opens $40 Million Grant Opportunity for Connected Vehicle Technologies That Will Help Save Lives on Our Nation’s Roadways
Funding to accelerate and spur new deployments of vehicle-to-everything (V2X) technologies WASHINGTON-The U.S. Department of Transportation’s Federal Highway Administration (FHWA) today announced that it is accepting applications under the $40 million Saving Lives with Connectivity: Accelerating V2X Deployment grant opportunity to advance connected and interoperable vehicle technologies. The initiative is focused on road safety, mobility, and efficiency through technology that enable...
New funding for water and wastewater projects in less populated parts of the U.S.
by Mary Scott Nabers The US Department of Agriculture (USDA) recently announced an $800 million allotment for rural infrastructure projects. Although the funding may seem insignificant, it will greatly increase the number of new projects launched in 2024. It is also important to note that the federal funding, in almost every case, will be supplemented by other state or local revenue…so the projects will not necessarily be small. The funding is designated for projects related to electric in...
EnergIIZE Unveils Drayage Public Set-Aside; Announces Opening Date to Apply for Funding
Medium- and Heavy-Duty Electric and Hydrogen Vehicle Drayage Infrastructure Incentives for Public and Shared Use will be Available Beginning in Mid-October. PASADENA, CA – The EnergIIZE (Energy Infrastructure Incentives for Zero-Emission) Commercial Vehicles Project is thrilled to announce the launch of the Drayage Public Set-Aside lane which will begin accepting applications on a rolling basis at 9 a.m. Pacific Time on October 19, 2023. Administered by CALSTART and funded by the Califo...
Department of Defense awards $9M to create research institute at the VCU College of Engineering
The Convergence Lab Initiative, a cross-disciplinary institute, will bring together scientists, engineers and technicians to solve pressing defense challenges for the U.S. RICHMOND, Va. (Oct. 10, 2023) – The Department of Defense awarded a $9 million grant to the Virginia Commonwealth University College of Engineering for research and development of electro-optics, infrared, radio frequency and edge security technologies. These areas are pivotal in managing the electromagnetic spectrum...