skip to main content
skip to newscasts

Monday, March 4, 2024

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

Democracy Trailblazers ignite enthusiasm among teen voters; CA monster blizzard batters Tahoe, Mammoth, Sierra amid avalanche warnings; MN transportation sector could be next in line for carbon-free standard; IN teachers 'stunned' by lawmakers' bid to bypass collective bargaining.

view newscast page
play newscast audioPlay

Nikki Haley says she may not endorse the GOP nominee, President Biden says the U-S will continue air-dropping aid into Gaza and more states look at ditching the electoral college for a national popular vote.

view newscast page
play newscast audioPlay

Hard times could be ahead for rural school districts that spent federal pandemic money on teacher salaries, a former Oregon lumber community drafts a climate-action plan and West Virginians may soon buy raw milk from squeaky-clean cows.

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
A study by Wallethub ranked Kentucky 43rd in the nation for residents' dental health. (Adobe Stock)

Health and Wellness

play sound

A bill moving through the Kentucky Legislature would make fluoride treatment in drinking water optional for local municipalities. House Bill 141 …


Social Issues

play sound

Most teenagers eagerly anticipate turning 16 to start driving and 21 for other milestones, but the significance of obtaining the right to vote at 18 …

Social Issues

play sound

New York state lawmakers have appointed members to the Community Commission on Reparations Remedies, created through legislation Gov. Kathy Hochul …


A National Committee for Responsive Philanthropy report illustrated how some wealth was built through discriminatory practices including racially restrictive deed covenants. (Adobe Stock)

Social Issues

play sound

A new report argued many charitable foundations need to examine the origin of their wealth and repair harms done. The National Committee for …

Environment

play sound

A proposed urban reforestation program in Massachusetts aims to help cities mitigate the effects of climate change. Legislation would create a state …

One in four Wyoming kids lives in single-parent families, according to Wyoming Community Foundation data. Such children are more likely to live in poverty compared with their peers in married-parent families. (Adobe Stock)

Social Issues

play sound

A Wyoming nonprofit is helping single mothers climb out of poverty by connecting them with the training and support they need to step into and succeed…

Social Issues

play sound

Ahead of Super Tuesday, a new poll finds a majority of Mainers support replacing the Electoral College system with a national popular vote. More …

Social Issues

play sound

Even though March is barely underway, parents of Wisconsin kids are being encouraged to plan for summer reading activities - especially if their …

 

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