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Inflation Reduction Act would boost low-carbon materials in civil projects

August 12, 2022

The federal Inflation Reduction Act of 2022 contains more than $5 billion to incentivize the use of low-carbon building materials in public infrastructure projects and certain government-owned buildings.

The sprawling $485 billion bill, which aims to fight climate change and mitigate inflation, passed the Senate Aug. 8 and is expected to go before the House of Representatives Friday. Its various investments and tax credits aim to help the U.S. slash its carbon footprint 40% by 2030, the U.N. Paris Agreement deadline to halve CO2 emissions.

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