This article simply expresses what we have observed in the construction industry relative to the energy sector and is not meant to be a politically “charged” piece, but rather a discussion of current trends and their potential impacts on the construction industry. This article assumes that the Environmental Protection Agency (EPA) continues its emphasis on the regulation of coal power plants and greenhouse gases (among many other topics). It should not be understated that this is a large assumption that may or may not occur because there is significant opposition and debate about the issue. Specifically, this year’s presidential campaign, legislative or EPA rule changes, or many pending and anticipated lawsuits to stay EPA’s actions may affect the above assumption. Many parties must plan on how to deal with the regulations and laws currently in place and those that are being proposed at all levels of government. Today, it appears there may be a construction boom in the energy sector.
If the current trends continue, we anticipate the following impacts...
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