Intel Joins Project XL to Revolutionize Environmental Regulation
Project XL, a pioneering initiative by the US Environmental Protection Agency (EPA) and the Clinton administration, aims to create a more effective and collaborative approach to environmental regulation. Intel Corporation, a leading semiconductor manufacturer, has been selected as one of the eight initial participants in this groundbreaking program. The company's Fab 12 manufacturing facility in Chandler, Arizona, will be the site for this innovative pilot project. The program's primary goal is to achieve a cleaner environment at the lowest cost by partnering with regulators and the local community.
Key Takeaways:
- Intel's participation in Project XL allows the company to try new approaches to environmental protection, rather than reacting to regulatory requirements.
- The program will enable Intel to develop more flexible methods to achieve environmental protection, potentially leading to better results than traditional command and control regulatory methods.
- Intel's Fab 12 facility, currently under construction, is expected to cost $1.3 billion, making it the largest private construction project in Arizona and one of the largest in the US.
- The facility will manufacture advanced microprocessor products, starting in early 1997.
- Intel, the world's largest chip maker, will partner with regulators and the local community to develop a more effective regulatory scheme.
Statistics:
- 8 initial participants in Project XL
- Intel's Fab 12 manufacturing facility is estimated to cost $1.3 billion
- The facility will manufacture Intel's advanced microprocessor products, starting in early 1997
- 1.3 billion dollar cost of the Intel Fab 12 facility
- The facility will be one of the world's newest state-of-the-art semiconductor wafer fabrication facilities
Sources:
- United States Environmental Protection Agency (EPA)
- Intel Corporation
- The Clinton administration's March 16, 1995, strategy to reinvent environmental regulation
- Arizona Department of Environmental Quality
- Intel's Fab 12 facility in Chandler, Arizona
- Bureau of Labor Statistics