{"id":4009,"date":"2022-08-18T13:40:18","date_gmt":"2022-08-18T18:40:18","guid":{"rendered":"https:\/\/www.aapaseaports.com\/?p=4009"},"modified":"2022-08-18T13:40:19","modified_gmt":"2022-08-18T18:40:19","slug":"president-signs-inflation-reduction-act-granting-3-billion-to-ports-for-electrification-projects-into-law","status":"publish","type":"post","link":"https:\/\/www.aapaseaports.com\/index.php\/2022\/08\/18\/president-signs-inflation-reduction-act-granting-3-billion-to-ports-for-electrification-projects-into-law\/","title":{"rendered":"President Signs Inflation Reduction Act Granting $3 Billion to Ports for Electrification Projects Into Law"},"content":{"rendered":"\n<div class=\"wp-block-image\"><figure class=\"alignright size-full\"><a href=\"https:\/\/aapw01.wpengine.com\/wp-content\/uploads\/sites\/8\/2022\/03\/Advisory_Politics_150x100p.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"100\" src=\"https:\/\/aapw01.wpengine.com\/wp-content\/uploads\/sites\/8\/2022\/03\/Advisory_Politics_150x100p.jpg\" alt=\"\" class=\"wp-image-3613\" \/><\/a><\/figure><\/div>\n\n\n\n<p>The U.S. House of Representatives passed the Inflation Reduction Act (H.R.5376), the budget reconciliation bill that includes $3 billion over five years to establish a new grant program to install electrified equipment and reduce emission at ports, as well as funding for ports seeking to purchase alternative-fueled cargo-handling equipment, shore power systems, microgrids for energy resiliency, electric grid infrastructure, and more.\u00a0Of the $3 billion in funding, $750 million will be reserved for ports in non-attainment areas.\u00a0The Environmental Protection Agency (EPA) will administer the grant program.<\/p>\n\n\n\n<p>The Inflation Reduction Act contains other provisions ports can utilize, including availability of tax credits for clean energy production, including offshore wind and hydrogen energy;&nbsp;$60 million allocation to the Diesel Emissions Reduction Act (DERA) grant program, intended specifically for goods movement;&nbsp;$2.6 billion toward the National Oceanic and Atmospheric Administration (NOAA) for the protection of marine habitats and resilience for coastal communities from extreme storms; and&nbsp;$1 billion provided for the replacement of \u2018class 6 or 7\u2019 heavy-duty vehicles with zero-emission alternatives.<\/p>\n\n\n\n<p>In addition to\u00a0a\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/aapa.cms-plus.com\/files\/AAPA%20Port%20Electrification%20Letter.pdf\" target=\"_blank\"><mark class=\"has-inline-color has-vivid-cyan-blue-color\">letter to Congressional Leadership<\/mark><\/a>, AAPA has engaged with Congress in several ways urging them to include port electrification in the next reconciliation package.\u00a0AAPA encourages members to reach out to their representatives and senators to thank them for passing this historic bill and forwarding the efforts toward American supply chain resiliency. The full text of the\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/www.congress.gov\/117\/bills\/hr5376\/BILLS-117hr5376eas.pdf\" target=\"_blank\"><mark class=\"has-inline-color has-vivid-cyan-blue-color\">Inflation Reduction Act <\/mark>is available here<\/a>\u00a0and the\u00a0<em>port electrification<\/em>\u00a0section is on page 677.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. House of Representatives passed the Inflation Reduction Act (H.R.5376), the budget reconciliation bill that includes $3 billion over five years to establish a new grant program to install electrified equipment and reduce emission at ports, as well as funding for ports seeking to purchase alternative-fueled cargo-handling equipment, shore power systems, microgrids for energy &hellip;<\/p>\n","protected":false},"author":30,"featured_media":3613,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[151],"tags":[],"class_list":["post-4009","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-insights-blog"],"_links":{"self":[{"href":"https:\/\/www.aapaseaports.com\/index.php\/wp-json\/wp\/v2\/posts\/4009","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.aapaseaports.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.aapaseaports.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.aapaseaports.com\/index.php\/wp-json\/wp\/v2\/users\/30"}],"replies":[{"embeddable":true,"href":"https:\/\/www.aapaseaports.com\/index.php\/wp-json\/wp\/v2\/comments?post=4009"}],"version-history":[{"count":0,"href":"https:\/\/www.aapaseaports.com\/index.php\/wp-json\/wp\/v2\/posts\/4009\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.aapaseaports.com\/index.php\/wp-json\/wp\/v2\/media\/3613"}],"wp:attachment":[{"href":"https:\/\/www.aapaseaports.com\/index.php\/wp-json\/wp\/v2\/media?parent=4009"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.aapaseaports.com\/index.php\/wp-json\/wp\/v2\/categories?post=4009"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.aapaseaports.com\/index.php\/wp-json\/wp\/v2\/tags?post=4009"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}