Washington, DC – SAFE Founder and CEO Robbie Diamond released the following statement following President Biden’s State of the Union address:
“As alluded to in the President’s speech, the Inflation Reduction Act’s energy investments and electric vehicle provisions represent a historic step forward to reduce America’s overdependence on oil for automobile transportation now and to prevent China from dominating the supply chains for EVs going forward. During this crucial implementation phase of the IRA, we need rules that will incentivize mining, processing, and production of critical minerals within the U.S. or amongst our closest allies and trading partners. It is not acceptable for the free world to rely so heavily on China, Russia, and other unreliable sources for the fuel, materials, and products needed for economic and national security in the 21st Century.”
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SAFE is a non-partisan, non-profit policy thought leadership organization dedicated to accelerating the real-world deployment of secure, resilient, and sustainable transportation and energy solutions of the United States and its partners and allies by shaping policies, perceptions, and practices that create opportunity for all.