; (D) a project that is described in section 503(c)(4)(E); (E) a project to reduce emissions from port-related equipment and vehicles; (F) a project to replace street lighting and traffic control devices with energy efficient alternatives; and (G) the development of a carbon reduction strategy under subsection (d)(1)(A). (3) Limitation No funds provided under paragraph (1) may be used for a project that will result in the construction of new capacity available to single-occupant vehicles. (4) Federal share The Federal share of the cost of a project carried out with funds under paragraph (1) shall be determined in accordance with section 120. (d) Carbon reduction strategy planning incentive (1) Carbon reduction strategy (A) In general A State may, in consultation with a metropolitan planning organization within the State, develop a carbon reduction strategy. (B) Requirements If a State develops a carbon reduction strategy under subparagraph (A), the carbon reduction strategy shall— (i) identify projects and strategies to reduce transportation emissions, which may include projects and strategies for safe, reliable, and cost-effective options— (I) to reduce traffic congestion on Federal-aid highways located within the State or the area served by the metropolitan planning organization, as applicable; (II) to facilitate the use of alternatives to single-occupant vehicle trips, including public transportation facilities, pedestrian facilities, bicycle facilities, and shared or pooled vehicle trips within the State or an area served by the metropolitan planning organization, if any; (III) to facilitate the use of vehicles or modes of travel that result in lower transportation emissions per person-mile traveled; and (IV) to facilitate approaches to transportation asset construction and maintenance that result in lower transportation emissions; (ii) set targets for the reduction of transportation emissions and implementation of the projects and strategies identified under clause (i)