Biden signs bill exempting some semiconductor factories from new environmental reviews


FILE PHOTO: Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken February 25, 2022. REUTERS/Florence Lo/Illustration/File Photo

(Reuters) - President Joe Biden on Wednesday signed legislation that will exempt some U.S. semiconductor manufacturing facilities from new federal environmental reviews that are receiving government subsidies, the White House said.

Without the new law, projects from the $52.7 billion semiconductor chips manufacturing and research program could have been forced to get new environmental reviews under a federal law taking potentially years that had already faced federal, state, and local environmental regulations and permitting requirements.

(Reporting by David Shepardson; Editing by Chris Reese)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

How Google is helping regulate traffic and reduce CO2 emissions at intersections
Workers believe they can benefit from AI and automation
OpenAI asks investors to avoid five AI startups including Sutskever's SSI, sources say
SEC appeals decision that restricted its crypto oversight
OpenAI closes $6.6 billion funding haul with investment from Microsoft and Nvidia
Canada's BMO appoints chief artificial intelligence and data officer
Charter to offer NBCUniversal's Peacock streaming service at no extra charge
Amazon hit with US labor board complaint over 'joint employment' of drivers
Crypto asset manager Bitwise files for XRP ETP with securities regulator
SoFi debuts platform for companies to offer expanded access to IPOs

Others Also Read