Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Witnesses warn NEPA and permitting delays could undercut CHIPS‑era semiconductor construction
Summary
Members of the Joint Economic Committee heard that while the CHIPS Act provides strong incentives for on‑shore semiconductor fabrication, permitting under older federal rules such as NEPA is adding years to construction timetables and raising project costs.
Federal incentives under the CHIPS and Science Act have spurred semiconductor factory plans across the United States, witnesses told the Joint Economic Committee, but regulatory permitting can add years and billions in extra project costs, threatening timely completion.
Why it matters: The CHIPS Act directs large public incentives to semiconductor fabrication. Witnesses said those incentives will not yield durable industrial capacity if multi‑year environmental and permitting…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
