Electronic Fluorocarbons applauds the announcement that Creating Helpful Incentives to Produce Semiconductors for America (CHIPS) Act has moved to conference. The Bill entered the conference period as part of The United States Innovation and Competition Act (USICA). The Bill has 109 conferees and hopes to see a final version early this summer.
Understanding Allocations: EPA’s Ruling on the Phasedown of Hydrofluorocarbons (HFCs)
As of January 1, 2022, the EPA’s ruling on the hydrofluorocarbons or HFC phasedown went into effect. This ruling addresses the production and consumption of hydrofluorocarbons (HFCs) maximizing reclamation and minimizing releases from equipment while facilitating the transition to next-generation technologies through an allocation process. The American Manufacturing and Innovation Act (AIM) mandated 85% reduction by 2036 and now, as ruling period begins, companies are racing to comply with the regulation.