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Climate Politics

Chipmakers’ $52 Billion US Bonanza Imperils Environmental Gains

  • Lawmakers to pump billions into industry with big footprint
  • Government money comes with ‘very little strings attached’

The CHIPS and Science Act, which President Joe Biden is poised to sign into law next week, was pitched as a once-in-a-lifetime chance to revitalize the US semiconductor industry and counter Asia’s manufacturing power. 

What went less discussed was the legislation’s environmental impact. The bill is poised to pump $52 billion into an industry that devours energy and produces toxic waste -- at a time when a global surge in chip demand is already turning companies into bigger polluters.