Lowering Energy Costs with Transformative Investments

Floor Speech

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Mr. LANGEVIN. Mr. Speaker, I rise today because my constituents, like all Americans, are paying far too much at the pump. They are angry, and so am I.

In response to Vladimir Putin's unprovoked invasion of Ukraine, President Biden rightly imposed crippling sanctions on Russia to bankrupt Putin's war machine and sever Russia's ties to the global war economy. That was the right move, and Russia is feeling the punishment from those sanctions. But, unfortunately, so are the American people.

The American people are willing to do their part in support of Ukrainians, who are fighting for their survival, fighting for their independence. But the fact is, we are too dependent on foreign autocrats for their oil and gas. It leaves us vulnerable to supply chain constraints and gives tyrants like Putin too much power over our way of life.

But with transformative investments in clean energy and electric vehicles, we could take back control, lower energy costs, and protect our national security.

That is why we need substantial tax credits so that all families can afford electric vehicles. To power them, we must bolster our clean energy production from solar wind and other renewable sources.

These investments will shake our reliance on fossil fuels, create good-paying jobs, and shield us from energy price shocks like we are feeling right now. We simply have no time to waste.

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