Key Takeaway: The AIM Act has been added as an amendment to an upcoming Energy Bill that could be passed this year.
After months of Senate negotiations, Senators Barrasso, Kennedy, and Carper have announced they have reached an agreement to advance the American Innovation and Manufacturing Act (AIM Act, S. 2754) as an amendment to the American Energy Innovation Act. The AIM Act would phase down the use of HFCs, including refrigerants, by 85 percent over a 15-year period. This agreement sets up the AIM Act for passage as an amendment to a bipartisan energy bill, however timing of energy bill and additional amendments remains up in the air.
Senate negotiators agreed to changes that protect certain industries without current technologies to transition to and maintain consistency for the industry. The updated language would protect six designated essential including defense sprays, medical inhalers, semiconductor manufacturing, and mission-critical military uses. These essential uses would be protected from state level phase-down efforts.
HARDI and many industry partners submitted comments to the committee encouraging them to find agreement to allow the bill to move forward.
In addition to the agreement in the Senate, the House has also added its version of the HFC phase down, called the American Innovation and Manufacturing Leadership Act (AIM Leadership Act, H.R. 5544), to an upcoming energy package making its way to the House floor next week.
Check out Alex's video summary of all things going on in DC in the past month:
We will continue to update you as we receive more information. Please reach out to Alex Ayers with any questions.