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Inhance's yearly revenue is $31M, at least from what I can find. Even if the government goes after them, they'll be worthless. They specialize in fluoridated p
by everforward 3y ago
Inhance's yearly revenue is $31M, at least from what I can find.
Even if the government goes after them, they'll be worthless. They specialize in fluoridated products, I bet PFAS is most of what they make. So the stock will be worthless.
Their physical holdings are likely to be... Primarily fluoridating equipment, which won't be worth much if we're banning those processes anyways.
There won't be anything worth anything to seize, it'll be the government's mess to clean up.
> On the flip side, imagine if a crony in the EPA could arbitrarily ban products from companies that didn't donate enough to a certain political party.
That company would presumably sue under the argument that the EPA is only authorized to regulate chemicals harmful to the environment? It is a dramatically easier solution than "have Congress deal with it", which historically has meant "do nothing about it".
Also, your "solution" just pushes that problem up a tier. What if Congress decides to target a political party? That one is much harder to fight in court too.