Climate change

A new regulation requiring state and local transportation departments to reduce greenhouse gas emissions would limit spending flexibility, opponents say.

The current property insurance crisis in several states may dramatically shorten the climate risk horizon for municipal investors. The municipal market's relaxed attitude toward climate risk may be seriously challenged in the years ahead.

Ohio last week opened the first, and so far only, electric vehicle charging station funded under the Bipartisan Infrastructure Law.

Washington Gov. Jay Inslee announced the state would use better-than-expected carbon-pricing revenues to accelerate the state's climate change efforts.

It's the second try for the bill, which Sen. Dick Durbin, D-Ill., first introduced in 2021.

Cities and states are eligible to apply for the program, which gives eligible solar and wind facilities in low-income areas increased investment tax credits of 10% or 20%.

States are required to reduce vehicle-related greenhouse gas emissions under the rule that was finalized last week.

Record-breaking hot temperatures in the Southwest this summer likely had economic consequences and could focus the municipal bond market on heat-related credit risks and infrastructure needs.

The Gulf of Maine offers "significant opportunities" for offshore wind energy development, federal authorities announced. That's good news for state officials hoping to tap the technology's potential to meet green energy goals.

As the program inches through the federal appropriation process, Texas lawmakers have allocated state funds and created a five-county district with taxing power.