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Lock And Dam Projects Are Green, Too
| 题名： | Lock And Dam Projects Are Green, Too |
| 正文语种： | eng |
| 摘要： | The White House calls President Joe Biden's Inflation Reduction Act (IRA) "the most ambitious investment in combatting the climate crisis in world history." It included billions for various climate initiatives and programs. Biden recently remarked, "I wish I hadn't called it [the Inflation Reduction Act] because it has less to do with reducing inflation than it has to do with providing alternatives that generate economic growth." One thing that can't be denied is that, for whatever reasons, the costs of authorized lock and dam construction projects are skyrocketing. To waterways interests, it makes little difference whether the cost inflation is specific to the sector or part of more general inflation. Projects that were declared "funded to completion" just a couple of years ago will now need hundreds of millions, if not billions, in additional funding. Waterways interests who thought they were close to the finish line feel like Charlie Brown having the football pulled away from them yet again. With no changes to the cost share structure, some of the projects already authorized and under construction could take 20 to 30 years to build, according to Jennifer Armstrong, director of government relations for Waterways Council Inc. (WCI). The Inland Waterways Trust Fund currently holds about $400 million. |
| 出版年： | 2023 |
| 期刊名称： | The Waterways Jouranl |
| 卷： | 137 |
| 期： | 21 |
| 页码： | 6-6 |
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