We support responsible regulation that puts science first, promotes innovation and supports supply chain resiliency.
There are currently 13 proposed new restrictions with the potential to directly impact the chemical industry. Some aim to outright ban certain chemistries. Others may regulate chemistries to levels where manufacturing becomes unviable or impossible. If enacted, these restrictions have the potential for a detrimental impact on the supply chains for vital technologies, including semiconductors, clean energy solutions like electric vehicles, and many modern healthcare applications.
What’s more, these restrictions contradict policy priorities set forth by laws like the Inflation Reduction Act (IRA), Infrastructure Investment and Jobs Act (IIJA), and CHIPS and Science Act.
If proposed regulations stifle or backfire on policy goals set forth by the Biden Administration, what’s the point?