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Keynote Address
Pages 62-69

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From page 62...
... Chalifoux said. "Senator Stabenow is bringing manufacturing issues to the forefront in Congress and is committed to making sure our nation has a 21st century manufacturing strategy to cultivate America's leadership in alternative energy." The senator is co-author of the Energy Manufacturing Tax Credit and of consumer tax credits for the purchase of electric and hybrid vehicles, Mr.
From page 63...
... As a member of the Senate Finance, Energy, and Agriculture committees, "I am laser-focused on all of the things you are talking about." With the leadership of the Michigan Economic Development Corporation and Governor Granholm, "we have very much been focused on clean energy," she said. Although she said she is not eager to go back to Washington's hot summer weather, Sen.
From page 64...
... They also are important for suppliers. "If we did not have an American automobile manufacturing industry, the ripple effect across all of our suppliers and all of our industries would be absolutely devastating." A123 is a "great story" about bringing business back from Asia, Sen.
From page 65...
... A loan program for retooling also was expanded to include medium- and heavy-duty vehicle suppliers. Another piece of legislation coming out of the Energy Committee is the Promoting Electric Vehicles Act.9 Sponsored by Senators Byron Dorgan, Lamar Alexander, and Stabenow, the bipartisan bill calls for the DOE to make concerted efforts to help 15 communities develop infrastructure needed for electric vehicles.
From page 66...
... The experience of the Cash for Clunkers program, which she said "was amazingly successful beyond my wildest dreams," showed that it helps to allow people deduct a tax credit immediately off the price of car. "That is more helpful than waiting until you fill out your taxes the next year," she said.
From page 67...
... Senators Stabenow, Lindsay Graham, Jarrod Brown, and Russ Feingold have introduced the China Fair Trade Act of 201010 in response to Chinese policies directing the government to only do business with Chinese companies, she noted. "Basically what we are saying is that China, which has been part of the World Trade Organization 10 years now, agreed to abide by international law," she said.
From page 68...
... "We ought to have a way." She noted that bills in the House and Senate have proposed setting up a Clean Energy Development Administration that would help fund earlystage commercialization of new technologies. "We are very hopeful that we are going to be able to get this going," she said.
From page 69...
... has "absolutely great opportunities" if it uses all of its intellectual capacity, talent, and resources. "There is no reason that we can't have the President give the Queen a wonderful new electric vehicle with all of the components, including the battery and cell, made in America." Sen.


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