The AIM Act

WHAT TO KNOW
The American Innovation and Manufacturing Act (AIM Act)
Passed by Congress in 2020 with bipartisan support, the AIM Act
initiates the phasedown of hydrofluorocarbon (HFC) production andconsumption in the U.S. by 2036.

What it does

How it works

Authorizes the Environmental Protection
Agency (EPA) to develop regulations forthe phasedown of HFCs by establishing:

The EPA will use an allowance system to meet thephasedown schedule. The allowance Allocation andTrading program was signed by the EPA administrator
on September 23, 2021.

A national CO2-eq baseline
Production and consumption
allowances
Sector-specific controls (e.g.,global warming potential limits)
HFC refrigerant management
practices
Penalties for illegal activities thatcircumvent the AIM Act ruling

The HFC phasedown will officially kick off on
January 1, 2022. Allowances will be issued to domestic
producers and importers for 2022 and 2023, withadditional rule-making to cover 2024 and beyond.
The rule will:• DEFINE the CO2-eq baseline for the U.S. market• OUTLINE distribution of allowances• PROVIDE details on the phasedown schedule
AIM Act HFC Phase Down
100%
2024-202890%

Why it’s beneficial
Facilitates environmental
sustainability by encouraging thetransition to low-GWP technologies
Provides certainty and timing on
the HFC phasedown schedule andsegment-specific sector controls

The AIM Act is
expected to bring*
33,000 new jobs
$38.8 billion in direct and indirect
manufacturing output$12.5 billion in improvement to the U.S.

trade balance in equipment and chemicals

80%
70%
60%
50%
40%
30%
20%
10%
0%
2021 2023 2025 2027 2029 2031 2033 2035 2037 2039

HFC Phasedown Schedule and Consumption &Production Allowance Caps

YearBaseline

Consumption &Production Allowance
Caps as a Percentage
of Baseline

Estimated Consumption
and Production
Allowance Caps inMMTEVe*

Consumption: 303.89 MMTEVe, Production: 382.55 MMTEVe

2020-2023

90 percent

Consumption: 273.5
Production: 344.3

2024-2028

60 percent

Consumption: 182.3
Production: 229.5

2029-2033

30 percent

Consumption: 91.2
Production: 114.8

2034-2035

20 percent

Consumption: 60.8
Production: 76.52036 & after

15 percent

Consumption: 45.6
Production: 57.4

*Source: https://www.ahrinet.org/App_Content/ahri/files/Resources/AHRI_AIM_Act-one_pager.pdf

What applications it impacts

What it means for you• High-GWP products will be under new
regulatory scrutiny

•••
•

HVAC
Refrigeration
AutoSolvents• Price and availability of products areexpected to change throughout thephasedown• Fire suppressants• Foam-blowing agents• Propellants• New products and system architectures will
be entering the market to meet the newrequirements

New packaging and tracking requirements
The EPA has instituted a ban on the use of disposable cylinders or "DACS" in theU.S. market. In place of disposable cylinders, packagers of product will need toupdate and build a fleet of returnable, i.e., reusable cylinders. A comprehensive
tracking system using QR codes or similar digital technology will be established to
track the movement of HFCs through commerce.

BAN: January 1, 2025 | SELL THROUGH DATE: December 31, 2026

What you can do
KEEP UP with industry
news to make sure you
understand the regulations
as they develop

PLAN for the phasedown,with special attention toapplications that require testingand validation processes

REVIEW your current suppliers toensure they have the portfolio oflow-GWP products, quota availability,
capacity, and integrity to serve yourfuture needs

EVALUATE your options forreplacing high-GWP HFCs
with low-GWP HFC and HFOtechnologies

ASK FOR HELP Our local technicalservices and sales professionals arehere to help you navigate the transitionand evaluate next-generation options
to support your businessCommitted to your success
Chemours has invested more than
one billion dollars in research anddevelopment, manufacturingassets, and downstream productand application development on
low-GWP, hydrofluoroolefin (HFO),and HFC technologies, and remains
committed to the ongoingdevelopment needs of customers

throughout the HFC phasedownin the U.S. and globally.
Our portfolio of products has
been specifically developed tomeet the changing global
regulatory landscape while
maintaining or improving
performance compared to theGet in touch at opteon.com/contact.
© 2021 The Chemours Company FC, LLC. Opteon™ and any associated logos
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and the Chemours Logo are trademarks of The Chemours Company.

products they replace, and toreduce the environmental
footprint of specific applications.
We have pledged to be yourpartner through thistransition—to keep you informed,
answer your questions, and shareyour feedback with the EPA.