AFPM opposes the Inflation Reduction Act as written. We evaluated the bill against our core principles, specifically whether the legislation would support strong U.S. refining and petrochemical industries and whether it pursued emissions reductions in a market-based and cost-effective manner. Unfortunately, the IRA falls short of these goals.
Despite opposition from thousands of elected officials, state agencies, businesses, community groups and other stakeholders, EPA pressed ahead with its tighter ozone standards from 75 parts per billion (ppb) to 70 ppb on October 1st last year - a move that is expected to cost $1.4 billion annually and provide little economic benefit.
I remember a few years ago when we were discussing a new regulatory approach being proposed in Europe that would put more of the burden of ensuring chemical safety on industry. It was touted by...
WASHINGTON, D.C. – Statement by American Fuel & Petrochemical Manufacturers (AFPM) President Chet Thompson on Congress’ passage of the Frank R. Lautenberg Chemical Safety for the 21st Century Act:
The beginning of fall once again marks the start of another school year filled with endless possibilities for wide-eyed students eager to learn. For AFPM, the beginning of the school year is yet...
One of the societal byproducts of the COVID-19 pandemic has been an increased emphasis on technology to meet changing needs, and the fuel and petrochemical industries are no exception to that trend.