Decarbonization is coming to the global shipping industry. Accounting for nearly one quarter of all carbon emissions from the world’s transportation sector and one billion tons of carbon dioxide annually, shipping stands at a critical juncture in its efforts to reduce carbon emissions and mitigate its environmental impact.Among the emerging alternatives to traditional fossil fuels,
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Eyes on the Inflation Reduction Act (IRA): Biden Administration Races to Implement Historic Clean Energy and Environmental Programs
With November elections drawing near, the Biden Administration is racing to cement its domestic policy achievements, notably key provisions of the Inflation Reduction Act (IRA) – a multi-billion-dollar federal clean energy, climate and domestic manufacturing legislation signed into law on August 16, 2022.…
Colorado is Thinking Creatively on Ways to Address its Workforce Housing Crisis
School is finally out for the summer. With that comes less traffic, more out of office messages, and possibly some much-deserved time off. Last year, I visited Park City, Utah and kept saying, “wow, I understand why people want to live here!” That’s when my real estate agent friends pointed out that even as a…
The EU Gigabit Infrastructure Act (“GIA”)
It promises a lot but received mixed views: the GIA[1] will be fully applicable from 12 November 2025 and only time will tell if it can deliver in creating a regulatory environment for faster, cheaper, and simpler rollout of Gigabit networks, addressing hurdles like expensive and complex procedures for network deployment. This paper provides…
REAL ESTATE CONSIDERATIONS FOR WORK FORCE HOUSING
I always thought that we could benefit from a high school course on real life skills.[1] Things like “how to build your credit,” “how to calculate your taxes,” and “what portion of your income should be used for housing” would be taught in the class. The percentage of renters in the United States that…
LIHTC – It’s Not the Only Way to Finance Housing Projects. Benefits of Tax-Exempt Financing Work Force Housing Projects
A few months ago[1] Bob Labes and I wrote a blog post about the $78 Billion Tax Bill that includes affordable housing help by reducing the tax-exempt financing requirement for a developer to receive the 4% low income housing tax credit (4% LIHTC) by 40% for a limited time only. This got us thinking…
The USDA’s ReConnect Program Is Back in the Broadband Infrastructure Funding Picture—and at a Critical Time
While the BEAD Program continues to garner most of the attention when it comes to federal funding for broadband infrastructure deployment programs, in this blog we have consistently underscored that (1) there are other sources of funding available and (2) the BEAD Program may not be the best fit for every entity and project. The…
The European Commission Publishes a New Master Plan for Europe’s Digital Infrastructure
The European Commission’s white paper “How To Master Europe’s Digital Infrastructure Needs?” is different from any previous Commission’s proposal in this sector. It is a holistic overview of the opportunities and challenges facing the EU communications industry at the crossroads of a complex converged ecosystem. The Commission invites comments on its proposals through an open…
White House Issues Executive Order to Strengthen Cybersecurity at US Ports
On February 21, 2024, the White House issued an executive order implementing various measures to bolster the security of US ports by expanding the US Coast Guard’s authority to regulate maritime cybersecurity, requiring the reporting of cyber incidents and investing in the US port critical infrastructure.…
House Passes $78 Billion Tax Bill that Includes Affordable Housing Help
How long is something called a “crisis” before it just becomes the “new normal?” It is apparent there has been an affordable housing crisis in the United States for decades. One way that the federal government has addressed this is by motivating developers with the 9% Low Income Housing Tax Credit (the “9% LIHTC”) and…