7 Ways the Big Beautiful Bill Cuts Taxes for the Rich

Centre for American Progress 7 months ago

Overall, the Big Beautiful Bill will harm poor Americans and raise the incomes of rich Americans—driving gains for the rich through cuts to marginal tax rates and the estate tax, along with tax breaks for businesses, business owners, and investors.
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layersDaily Sustainability Digest

Published couple of minutes ago

Extreme heat across Europe is exposing the vulnerabilities of conventional building methods. The construction sector faces a defining moment as both regulatory action and climate impacts accelerate demand for sustainable construction and low carbon design. Research shows that high temperatures threaten efficiency and worker safety on sites built around energy‑intensive operations and fossil‑based materials, raising concern over the carbon footprint of construction and the urgent need for eco-friendly construction standards supported by whole life carbon assessment.

A clear industry shift is emerging toward embodied carbon reduction. Once secondary to operational energy, embodied carbon in materials now drives procurement, finance and planning approvals. Use of low embodied carbon materials, green building materials and renewable building materials demonstrates that green construction is becoming a financial imperative rather than a marketing claim. Market leaders recognise that tracking the building lifecycle performance through lifecycle assessment and life cycle cost analysis ensures credible progress toward net zero carbon buildings and net zero whole life carbon targets.

Across Europe, policy is tightening. The EU’s latest renovation framework embeds binding standards for environmental sustainability in construction, mandating transparency through environmental product declarations (EPDs) and promoting life cycle thinking in construction. The UK Government’s new Climate Security Taskforce and the Climate Change Committee’s intervention underline that decarbonising the built environment now intersects with national resilience.

Investments in circular economy systems, critical mineral supply chains and domestic innovation signal rising momentum for circular construction strategies and resource efficiency in construction. Certification protocols such as BREEAM and BREEAM v7 continue to embed sustainable building design, eco-design for buildings and sustainable building practices into mainstream planning. The sector’s transition to carbon neutral construction illustrates a tangible redefinition of value—where sustainable material specification, end‑of‑life reuse in construction and green infrastructure shape the future of sustainable urban development. Sustainable architecture, once aspirational, now defines policy and profit across the global construction landscape.

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