Biden's $3 Billion Boost for US Ports: A Green Transition
Tuesday, Oct 29, 2024 5:20 am ET
1min read President Biden's recent announcement of a $3 billion investment in US ports, funded by the Inflation Reduction Act, marks a significant step towards a cleaner, more sustainable future for the nation's port infrastructure. This substantial investment aims to reduce pollution, create jobs, and support the transition to a zero-emission freight sector.
The funding will be distributed through EPA's Clean Ports Program, with 55 selectees across 27 states and territories receiving grants for zero-emission equipment, infrastructure, and planning projects. The Maryland Port Administration, which owns the Port of Baltimore, is among the beneficiaries, receiving $147 million in awards.
The electrification of port equipment and infrastructure will significantly reduce emissions and improve air quality for nearby communities. By installing clean, zero-emission freight and ferry technologies, the program aims to eliminate more than 3 million metric tons of carbon pollution over the first ten years of implementation. This is equivalent to the energy use of 391,220 homes for one year.
The increased demand for American-made electric cargo handling equipment will have a positive impact on domestic manufacturing and job creation. The Clean Ports program is expected to increase demand for these electric equipment at least six-fold over the life of the program, driving growth in the manufacturing sector and creating over 6,500 manufacturing jobs.
The $3 billion investment aligns with the Biden-Harris Administration's goal for a zero-emission freight sector. The funds will support the purchase of battery-electric and hydrogen-powered human-operated and human-maintained equipment, including over 1,500 units of cargo handling equipment, 1,000 drayage trucks, 10 locomotives, and 20 vessels, as well as shore power systems for ocean-going vessels, battery-electric and hydrogen vehicle charging and fueling infrastructure, and solar power generation.
The Clean Ports program also aligns with the President's Justice40 Initiative, ensuring that the benefits of the investment are equitably distributed across communities. By reducing diesel air pollution in US ports and surrounding communities, the program will promote good-paying and union jobs, helping America's ports thrive while protecting the health of nearby residents.
In conclusion, President Biden's $3 billion investment in US ports represents a crucial step towards a cleaner, more sustainable future for the nation's port infrastructure. By reducing emissions, improving air quality, and creating jobs, this investment supports the transition to a zero-emission freight sector and ensures that the benefits of the investment are equitably distributed across communities.
The funding will be distributed through EPA's Clean Ports Program, with 55 selectees across 27 states and territories receiving grants for zero-emission equipment, infrastructure, and planning projects. The Maryland Port Administration, which owns the Port of Baltimore, is among the beneficiaries, receiving $147 million in awards.
The electrification of port equipment and infrastructure will significantly reduce emissions and improve air quality for nearby communities. By installing clean, zero-emission freight and ferry technologies, the program aims to eliminate more than 3 million metric tons of carbon pollution over the first ten years of implementation. This is equivalent to the energy use of 391,220 homes for one year.
The increased demand for American-made electric cargo handling equipment will have a positive impact on domestic manufacturing and job creation. The Clean Ports program is expected to increase demand for these electric equipment at least six-fold over the life of the program, driving growth in the manufacturing sector and creating over 6,500 manufacturing jobs.
The $3 billion investment aligns with the Biden-Harris Administration's goal for a zero-emission freight sector. The funds will support the purchase of battery-electric and hydrogen-powered human-operated and human-maintained equipment, including over 1,500 units of cargo handling equipment, 1,000 drayage trucks, 10 locomotives, and 20 vessels, as well as shore power systems for ocean-going vessels, battery-electric and hydrogen vehicle charging and fueling infrastructure, and solar power generation.
The Clean Ports program also aligns with the President's Justice40 Initiative, ensuring that the benefits of the investment are equitably distributed across communities. By reducing diesel air pollution in US ports and surrounding communities, the program will promote good-paying and union jobs, helping America's ports thrive while protecting the health of nearby residents.
In conclusion, President Biden's $3 billion investment in US ports represents a crucial step towards a cleaner, more sustainable future for the nation's port infrastructure. By reducing emissions, improving air quality, and creating jobs, this investment supports the transition to a zero-emission freight sector and ensures that the benefits of the investment are equitably distributed across communities.
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