WASHINGTON, D.C.—Yesterday, the United States House Committee on Ways and Means approved new legislation that would repeal many of the clean transportation incentives in the Inflation Reduction Act. Doing so would claw back tens of billions of dollars in public investments in electric vehicles and electric vehicle infrastructure, jeopardize hundreds of billions of dollars in similar private investments, and weaken confidence in American markets domestically and with global partners.
In response, Albert Gore, Executive Director of the Zero Emission Transportation Association (ZETA) released the following statement:
“Recent legislation approved by the House Committee on Ways and Means would harm U.S. job growth and global competitiveness at a time when companies are building new battery and vehicle manufacturing capacity across the country. There is strong bipartisan support for securing America's critical mineral and battery supply chains, and to that end there are $50 billion in private sector investments announced since the passage of the Inflation Reduction Act, primarily in Arizona, Georgia, Kansas, Kentucky, Michigan, Nevada, Ohio, Oklahoma, South Carolina, Tennessee, and Texas. The time to accelerate the development of this crucial supply chain is now, and the cost of moving backward would be devastating. ZETA urges Congress to continue to invest in American workers and reject the proposed rollbacks of these important industrial policies."
About ZETA
The Zero Emission Transportation Association (ZETA) is a federal coalition focused on advocating for 100% EV sales. ZETA is committed to enacting policies that drive EV adoption, create hundreds of thousands of jobs, secure American global EV manufacturing leadership, drastically improve public health, and significantly reduce carbon pollution.