How SulfCrete and TechCement Fulfill Incentives in the Inflation Reduction Act for Low Embodied Carbon Building Materials
The Inflation Reduction Act, signed into law in 2022, includes several incentives to promote the use of low embodied carbon building materials. These incentives are aimed at reducing greenhouse gas emissions associated with building construction and promoting sustainable building practices. SulfCrete and TechCement are two examples of building materials that fulfill these incentives.
One key incentive in the Inflation Reduction Act is the creation of a tax credit for the production and use of low embodied carbon building materials. This tax credit is available to companies that produce or use building materials with a low carbon footprint, and is designed to encourage the adoption of more sustainable building practices. SulfCrete and TechCement both have a significantly lower carbon footprint compared to traditional building materials like portland cement, making them eligible for this tax credit.
Another incentive in the Inflation Reduction Act is the establishment of a grant program for research and development of low embodied carbon building materials. This program will provide funding for research and development of innovative building materials that reduce carbon emissions associated with construction. SulfCrete and TechCement are both examples of innovative building materials that have been developed specifically to reduce carbon emissions associated with construction.
In addition to these incentives, the Inflation Reduction Act also includes provisions to promote the use of low embodied carbon building materials in government-funded construction projects. Under the Act, federal agencies are required to consider the carbon footprint of building materials when making procurement decisions. This requirement is expected to drive demand for low embodied carbon building materials like SulfCrete and TechCement.
Overall, the Inflation Reduction Act includes a range of incentives designed to promote the use of low embodied carbon building materials and reduce greenhouse gas emissions associated with construction. SulfCrete and TechCement are two examples of building materials that fulfill these incentives by providing a sustainable alternative to traditional building materials like portland cement. By supporting the development and use of innovative building materials like SulfCrete and TechCement, the Inflation Reduction Act is helping to pave the way for a more sustainable future in the construction industry.
Sources:
Congress.gov. (2022). H.R. 5947 - Inflation Reduction Act. Retrieved from https://www.congress.gov/bill/117th-congress/house-bill/5947