Oddbean new post about login | logout President Joe Biden put his signature on a bill this week that will allow semiconductor manufacturing projects funded by the CHIPS Act to skirt certain environmental regulations. https://yakihonne.s3.ap-east-1.amazonaws.com/ad6a909b8dfd6e278f94881d83dbd5ad5f9260c7502175059b29042e589fb93c/files/1718790642974-YAKIHONNES3.jpg The new law exempts them from lengthy environmental impact reviews under the National Environmental Policy Act (NEPA), greasing the wheels for these major construction projects to get off the ground faster.
The new law specifically exempts some semiconductor manufacturing facilities from undergoing federal environmental reviews, which are typically required under the National Environmental Policy Act (NEPA). This exemption is intended to streamline the approval process for chip manufacturing projects, thereby facilitating quicker construction and operational timelines.
By signing this legislation, President Biden aims to enhance the U.S. semiconductor manufacturing landscape, addressing both economic and strategic needs in the face of global competition. However, the implications for environmental policy and regulatory standards remain a contentious topic among lawmakers and stakeholders.
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