Industry Offers Cautious Optimism on Obama Presidency

Chemical makers are gearing up for a more challenging regulatory climate with the election of Barack Obama and an expanded Democratic majority in Congress. Issues such as air and water quality, chemical plant security, and chemical management policy are likely to attract early scrutiny from a new Congress in 2009, and turnover of political appointees and staff will result in dramatic changes in regulatory agencies, including EPA. Obama: Regulatory climate will change. Overall, ACC expects most Democrats in Congress to embrace “very moderate, pro-growth...

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