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WHAT: The Oregon House Committee on Energy and Environment will hold a hearing on HB 2092, which would establish rebates for purchasers of alternative fuel vehicles. Dr. Robert F. Wescott, President of Keybridge Research, will testify on the findings of a new study examining the potential economic effects that would result if HB 2092 were enacted.
WHO: Robert F. Wescott, Ph.D., President of economic analysis firm Keybridge Research
HB 2092 seeks to establish a Zero-Emission Incentive Fund for the purpose of making rebates to purchasers of alternative fuel vehicles. The legislation would create a tax credit for contributors to the Fund, and proceeds would be collected through an auction of tax credits.
Dr. Wescott has more than 30 years of professional experience on macroeconomic, financial, and public policy issues. Prior to founding Keybridge, Wescott served as Special Assistant to the President for Economic Policy at the National Economic Council at the White House, as Chief Economist at the President’s Council of Economic Advisers, and as Deputy Division Chief in the Research Department of the IMF.
About Securing America’s Future Energy (SAFE)
Securing America’s Future Energy (SAFE) is a nonpartisan organization that aims to improve U.S. energy security in order to bolster national security and strengthen the economy. SAFE advocates for expanded domestic production of U.S. oil and natural gas resources, continued improvements in fuel efficiency, and greater competition in transportation through deployment of advanced technologies and fuels, including natural gas and electricity. In 2006, SAFE joined with General P.X. Kelley (Ret.), 28th Commandant of the U.S. Marine Corps, and Frederick W. Smith, Chairman, President, and CEO of FedEx Corporation, to form the Energy Security Leadership Council (ESLC), a group of business and former military leaders committed to reducing U.S. oil dependence.
About the Electrification Coalition
The Electrification Coalition is a nonpartisan, non-profit group of business leaders committed to promoting policies and actions that reduce America’s dependence on oil by facilitating the deployment of electric vehicles on a mass scale. The members of the Electrification Coalition are leaders of companies representing the entire value chain of an electrified transportation system.
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