Investing in A New Vision for the Environment and Surface Transportation in America Act

Floor Speech

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Mr. LARSON of Connecticut. Mr. Speaker, I rise today thank Chairman Neal and Chairman Thompson for their work on the GREEN Act, included in H.R. 2.

As a longstanding proponent of utilizing the tax code to support green energy, I am thrilled that this legislation extends and expands tax incentives that have a proven track record of increasing deployment of these technologies.

In particular, this legislation is a win for the fuel cell vehicle industry in Connecticut and nationwide. Light-duty fuel cell vehicles are electric vehicles that generate electricity onboard through an electrochemical reaction of hydrogen, not combustion. These cars emit zero carbon, zero NOx, zero SOx, and zero particulate matter from the tailpipe, and are capable of traveling 300 to 400 miles on a tank of fuel, with refueling in just three to five minutes. This technology is one of the most promising avenues to reduce emissions in the medium and heavy-duty sector.

The GREEN Act extends the expiring alternative fuel vehicle refueling property credit (30C), a necessary incentive to build-up a hydrogen refueling network to make widespread adoption possible. Additionally, the legislation modifies the credit to better support electric vehicle charger deployment. I look forward to working with Chairman Neal, Chairman Thompson, and the Ways and Means Committee to similarly ensure that the 30C credit is optimized for fuel cell vehicle infrastructure and to continue broader efforts towards supporting clean energy technology.

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