As green hydrogen production becomes a global endeavor, many countries are vying to become hubs for the production of clean-burning fuel. Among them, Egypt has signed a number of agreements over the last year with international companies to establish green hydrogen production facilities in its Suez Canal Economic Zone (SCZone),…
Gravel2Gavel Construction & Real Estate Law Blog
Real Estate & Construction News Round-Up (08/24/22) – Local Law 97, Clean Energy, and IRA Tax Credits
This week’s round-up features the intersection of real estate and energy efficiency, including state efforts surrounding clean energy legislation, Inflation Reduction Act tax credits, hotel & hospitality sectors creating sustainable initiatives to reduce carbon emissions, and more. In New York City, building owners try to figure out how to pay…
Real Estate & Construction News Round-Up (08/17/22) – Glass Ceilings, Floating Homes and the Inflation Reduction Act
This week’s round-up features the construction industry’s latest happenings: the Inflation Reduction Act, women shattering the glass ceiling, eco-friendly floating homes, and more. The Inflation Reduction Act contains approximately $5 billion for programs to accelerate the construction industry’s shift toward green building materials. (Julie Strupp, Construction Dive) According to a new analysis…
Real Estate & Construction News Round-Up (08/10/22)
The Senate passes the Inflation Reduction Act, construction costs continue to rise across the U.S., commercial real estate advances the adoption of ESG strategies, and more. The recently-passed Inflation Reduction Act of 2022 leaves out the carried interest tax hike, much to the relief of real estate investors worldwide. (Taylor…
The Administrative Procedure Act and the Evolution of Environmental Law
Enacted in 1946, the Administrative Procedure Act (APA) has provided a lasting framework for federal agency rulemaking and adjudication, as well as establishing the power of the federal courts to exercise judicial review over these actions of the federal bureaucracy. The APA is codified at 5 U.S.C. §§ 551–559, and…
Critical Materials for the Energy Transition: Of “Rare Earths” and Even Rarer Minerals
As the world pursues ambitious net-zero carbon emission goals, demand is soaring for the critical materials required for the technologies leading the energy transition. Lithium may be the most well-known of these inputs due to its usage in batteries for vehicles and consumer electronics, but roughly 50 other minerals are…
Real Estate & Construction News Round-Up (08/03/22)
The availability of construction jobs drops by 17.5%, company offices evolve to the here-to-stay hybrid working model, the House passes a $280 billion semiconductor package, and more. The House passed a $280 billion package to boost the semiconductor industry and scientific research, which will also lend towards the construction of…
Historic $280 Billion Investment in Domestic Semiconductor Manufacturing and STEM Research and Development to Be Signed into Law
Recently, the U.S. Senate and House agreed to and passed the CHIPS Plus legislative package, which will provide $52.7 billion dollars in federal funding for U.S. Government agencies to distribute to U.S. semiconductor manufacturers to build new plants, increase manufacturing capacity, and support research and development. Click here to read…
Affordable Housing, Military Contracts and Mars: 3D Printing Construction Potential Builds
The 3D printing construction market is likely on the cusp of a boom. This unique construction method boasts many advantages in comparison to traditional forms of construction. Projects can be completed more quickly and at a fraction of the cost, given fewer laborers are required and the materials used are…
Real Estate & Construction News Round-Up (07/27/22)
Europe’s energy infrastructure struggles under record heat waves, Wall Street tightens commercial real estate lending, blockchain technology and NFTs (non-fungible tokens) continue to transform real estate ownership, and more. Banks are lending less and charging higher interest rates for commercial real estate property loans, restraining deal making and values. (Peter…