[Congressional Record Volume 151, Number 49 (Thursday, April 21, 2005)]
[Senate]
[Page S4100]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
HYDROGEN AND FUEL CELL TECHNOLOGY ACT OF 2005
Mr. HARKIN. Mr. President, I am pleased to announce my support for an
important piece of legislation recently introduced by Senator Dorgan
and Senator Graham, the Hydrogen and Fuel Cell Technology Act of 2005.
This legislation lays out a bold vision for the energy future of our
Nation. It takes steps to secure the research, development,
demonstration and market transition necessary to deliver on the
tremendous promise of a ``hydrogen economy.''
The economy of this country today depends heavily on oil, much of
which we must import from countries with hostile and dangerous regimes.
This dependence on foreign oil threatens our national security, our
economy and the environment. We must take the steps now to find
alternative sources of energy and new ways of powering everything from
cell phones to cars. This bill does exactly that.
The Hydrogen and Fuel Cell Technology Act funds the research and
demonstration needed to develop key aspects of a reliable, renewable
hydrogen economy. The bill incorporates language from the Hydrogen
Passenger Vehicle Act, which I introduced earlier in this Congress to
provide funding for projects to demonstrate the cost-effective
production and distribution of hydrogen from renewable sources, such as
ethanol. The bill also adopts several proposals from my Hydrogen and
Fuel Cell Energy Act, including support for hydrogen transportation
corridor demonstrations, such as the Upper Midwest Hydrogen Initiative.
This legislation will fund development of better fuel cell
technology, of lighter, more efficient ways to store hydrogen on board
vehicles, and of less expensive ways of converting renewable energy to
hydrogen fuel.
It updates the language and sets clearer priorities for the existing
hydrogen research program under the Matsunaga Act, and adds important
demonstration, commercialization, and market driver mechanisms, using
Federal Government procurement to help drive demand for new technology.
In order to be most effective, however, we will need to enact the tax
incentives necessary to encourage widespread investment, production and
utilization of hydrogen. Tax credits for fuel cell vehicles, for
hydrogen fueling infrastructure, for hydrogen fuel from renewable
sources, and for stationary and portable fuel cells should all be
considered as part of a package of support for the hydrogen economy.
The measures proposed in this legislation will require a significant
Federal investment in our energy future, but with these measures, we
can use hydrogen and fuel cell technologies to realize our vision of
cars that do not pollute, of power that will not go out, and of true
energy security. I urge the support of my colleagues for this visionary
legislation.
Mr. DORGAN. Mr. President, Senator Harkin has shown great leadership
in the effort to create a hydrogen fuel-cell economy and I welcome his
support and look forward to working with him and other cosponsors as we
move this legislation forward.
____________________