Policy Impact Analysis - 117/HR/9471

Bill Overview

Title: Critical Materials Processing Technology Testbed Act

Description: This bill requires the Department of Energy to establish testbed capability for researching, developing, and demonstrating technologies for processing critical materials, including feedstock materials. (Testbeds are platforms or facilities that allow for rigorous, transparent, and replicable testing of theories, tools, and technologies.)

Sponsors: Rep. Foster, Bill [D-IL-11]

Target Audience

Population: People dependent on industries using critical materials

Estimated Size: 300000000

Reasoning

Simulated Interviews

Tech Company Engineer (San Jose, CA)

Age: 35 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 20.0 years

Commonness: 8/20

Statement of Opinion:

  • This policy could stabilize supply chains, which is crucial for our production.
  • Testbeds would advance technology development, keeping our field competitive.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 8 6
Year 3 8 5
Year 5 9 5
Year 10 9 5
Year 20 9 4

Automotive Industry Executive (Dallas, TX)

Age: 45 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 10.0 years

Commonness: 6/20

Statement of Opinion:

  • Critical material access is essential for our innovations in EV technology.
  • This policy could significantly reduce costs and improve our product design timelines.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 7 5
Year 3 8 5
Year 5 8 4
Year 10 9 3
Year 20 8 3

Renewable Energy Researcher (Raleigh, NC)

Age: 28 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 15.0 years

Commonness: 5/20

Statement of Opinion:

  • This testbed could advance solar technology efficiencies, making renewables more viable.
  • I hope it includes environmental impact assessments for all processes.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 7 6
Year 3 7 5
Year 5 8 5
Year 10 8 4
Year 20 8 4

Factory Worker (Detroit, MI)

Age: 50 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 5.0 years

Commonness: 7/20

Statement of Opinion:

  • New innovations could secure factory demand and thus my job.
  • I'm concerned about the pace of change and whether I'll be trained.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 5
Year 2 6 5
Year 3 6 5
Year 5 7 5
Year 10 7 4
Year 20 6 4

Minerals Supply Chain Analyst (Denver, CO)

Age: 38 | Gender: other

Wellbeing Before Policy: 6

Duration of Impact: 3.0 years

Commonness: 4/20

Statement of Opinion:

  • Stabilizing the supply chain could lead to more predictable markets.
  • Research innovations might streamline sourcing but not immediately affect me.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 6 5
Year 3 7 5
Year 5 7 4
Year 10 7 3
Year 20 6 3

Retired Steelworker (Pittsburgh, PA)

Age: 60 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 0.0 years

Commonness: 4/20

Statement of Opinion:

  • It's uncertain how new technologies will affect retired workers like me.
  • I see potential benefits for my grandchildren's employment opportunities.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 5
Year 2 5 5
Year 3 5 5
Year 5 5 5
Year 10 5 5
Year 20 5 5

Battery Technology Developer (Seattle, WA)

Age: 40 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 10.0 years

Commonness: 6/20

Statement of Opinion:

  • The policy could spearhead greener battery tech lines.
  • I hope sustainability remains a key focus of the testbeds.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 7 6
Year 3 8 5
Year 5 8 5
Year 10 9 4
Year 20 8 3

Environmental Advocate (Boston, MA)

Age: 32 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 5.0 years

Commonness: 5/20

Statement of Opinion:

  • While tech advancements are good, environmental considerations must guide them.
  • I'm hopeful but wary this could lead to unquestioned support for extraction projects.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 5
Year 2 5 5
Year 3 6 5
Year 5 6 5
Year 10 5 4
Year 20 5 4

Oil and Gas Industry Consultant (Houston, TX)

Age: 55 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 8.0 years

Commonness: 4/20

Statement of Opinion:

  • Testbeds could navigate energy-tech hybrid models effectively.
  • I advise caution in not over-relying on just tech fixations.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 6 6
Year 3 7 6
Year 5 7 5
Year 10 7 4
Year 20 6 3

Investment Analyst (New York, NY)

Age: 48 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 12.0 years

Commonness: 4/20

Statement of Opinion:

  • Stability in critical materials benefits tech investment portfolios.
  • This policy might offer significant growth pathways in tech sectors.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 8 6
Year 3 8 5
Year 5 9 5
Year 10 9 4
Year 20 8 3

Cost Estimates

Year 1: $200000000 (Low: $150000000, High: $250000000)

Year 2: $205000000 (Low: $155000000, High: $255000000)

Year 3: $210000000 (Low: $160000000, High: $260000000)

Year 5: $220000000 (Low: $170000000, High: $270000000)

Year 10: $230000000 (Low: $180000000, High: $280000000)

Year 100: $250000000 (Low: $200000000, High: $300000000)

Key Considerations