In 2023, composites will stay an answer to most of the issues Washington is seeking to handle. This contains offering elements for inexperienced vitality and hydrogen packages, lightweighting and electrical autos, and extra. Our merchandise are already getting used to safe and make our electrical grid extra sturdy in response to storm injury and different threats.
Inexperienced vitality, local weather change and sustainability will stay core elements of the Biden administration agenda as a brand new Congress begins to take form. Whereas the message will sound acquainted, modifications in Washington will imply modifications to the administration’s policymaking technique.
Republicans narrowly management the Home of Representatives after a midterm election that was much more aggressive than many predicted. With Republicans utilizing the Home to push their message, the Biden administration will not have the ability to go giant items of signature laws just like the Bipartisan Infrastructure Regulation, the CHIPS and Science Act or the Inflation Discount Act. All of those payments impacted U.S. producers, and all had provisions benefitting our sector.
ACMA will proceed to maintain members knowledgeable relating to myriad packages created below these legal guidelines. Many of those packages have onerous necessities to be able to seize the total profit. ACMA is working to replace members on these necessities as they’re introduced.
As a substitute of laws, the administration shall be policymaking that may be performed with out transferring laws by means of Congress. This might imply by means of govt orders that don’t require laws and thru issuing laws.
As we transfer into this new paradigm, we count on to see the administration proceed to take a tough take a look at federal procurement guidelines, a course of it started in 2022. The Biden administration spent a substantial period of time final yr rolling out its “Purchase Clear” initiatives throughout all federal procurement. This has created a problem for our trade, as many federal contracts now require Environmental Product Disclosures.