skip to main content
skip to newscasts

Friday, July 26, 2024

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

Arson attacks paralyze French high-speed rail network hours before start of Olympics, the Obamas endorse Harris for President; A NY county creates facial recognition, privacy protections; Art breathes new life into pollution-ravaged MI community; 34 Years of the ADA.

view newscast page
play newscast audioPlay

Harris meets with Israeli PM Netanyahu and calls for a ceasefire. MI Rep. Rashida Tlaib faces backlash for a protest during Netanyahu's speech. And VA Sen. Mark Warner advocates for student debt relief.

view newscast page
play newscast audioPlay

There's a gap between how rural and urban folks feel about the economy, Colorado's 'Rural is Rad' aims to connect outdoor businesses, more than a dozen of Maine's infrastructure sites face repeated flooding, and chocolate chip cookies rock August.

NC businesses leverage Inflation Reduction Act for greener future

play audio
Play

Tuesday, October 3, 2023   

As more companies embrace sustainable practices, businesses in North Carolina are leading the charge through innovative initiatives with funds from the Inflation Reduction Act.

Brad Ives, former executive director of the Catawba College Center, seized on IRA funding to pioneer projects boosting the college's green initiatives.

"The projects that we can do with the Inflation Reduction Act help us lower our emissions," he explained. "In particular, we're looking at Scope One emissions, where we're burning natural gas or operating vehicles here on campus."

Ives added with the help of the IRA, the college has been able to work on projects such as replacing natural gas-fired clothes dryers with electric dryers.

Ives suggested the IRA can greatly assist small businesses by offering financial aid programs such as grants, loans and tax incentives, making projects more cost efficient. He recommends companies start by connecting with peers, attending presentations and webinars, and staying updated on potential opportunities.

"Looking for RFPs to come out from entities like ours. We'll post from time to time that we've got an opportunity for somebody to come in and provide a good or service to us," he continued.

The IRA is estimated to invest over $21 billion in clean-energy tax incentives for North Carolina.

Vicki Lee Parker-High, North Carolina Business Council executive director, said the trend of more small businesses seeking to increase sustainability. She explained their organization is actively supporting members in exploring how the IRA can be beneficial across various industries, especially as environmental, social and corporate governance tracking becomes more important to companies looking to be more sustainable.

"We see that growing, and we don't see it slowing down anytime soon because we're seeing the larger corporations are starting to demand that the businesses along their supply chain also report and track their environmental and social impact on their communities," she continued.

Parker-High added the Inflation Reduction Act is proving to be a game-changer for small businesses in North Carolina, enabling them to actively contribute to environmental improvement while reaping financial benefits.

Disclosure: North Carolina Business Council contributes to our fund for reporting on Civic Engagement, Consumer Issues, Environment, Health Issues. If you would like to help support news in the public interest, click here.


get more stories like this via email
more stories
According to the Tax Policy Center, for higher-income earners, sales taxes consume a lower share of their income than for other households. (Vitalii Vodolazskyi/Adobe Stock)

Social Issues

play sound

As Nebraska state lawmakers convene for a special session on property tax reform called by Gov. Jim Pillen, groups are weighing in on the details …


play sound

Traveling around rural Minnesota can be difficult but in more than half the state, nonprofit transit systems are helping people get where they need …

Social Issues

play sound

Student loan forgiveness took center stage on Thursday at the American Federation of Teachers conference. The Biden administration has canceled more …


Sen. Elizabeth Warren, D-Mass., has introduced legislation to codify the Chevron Deference into law. (Adobe Stock)

Social Issues

play sound

Recent Supreme Court rulings on air pollution are affecting Virginia and the nation. Climate advocates said the court overstepped its bounds in …

Health and Wellness

play sound

World Hepatitis Day is this Sunday, and for the Oregon Health Authority, it's an opportunity to promote its plan to eliminate hepatitis across the …

The Gender Shades project revealed facial recognition performed poorest for darker-skinned women, and performed best for lighter-skinned men. (Adobe Stock)

Social Issues

play sound

Columbia County, New York, is implementing new facial recognition and privacy policies, following new upgrades to the county's surveillance cameras…

Health and Wellness

play sound

New York disability-rights advocates are celebrating the 34th anniversary of the passage of the Americans with Disabilities Act. The 1990 …

Social Issues

play sound

As summer winds down and North Carolina students prepare to return to school, the focus shifts to the urgent need for better public education funding…

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright © 2021