On the recordMay 27, 2021
The definition of advanced energy technology, which is in the bill, the Endless Frontier Act, and is defined in 42 USC 18632 is along the following lines. It says ``Definitions,'' ``advanced energy technology'' means an ``innovative technology that produces energy from solar, wind, geothermal, biomass, tidal, wave, ocean, or other renewable energy.'' That is important for our country. It goes on to say ``that produces nuclear energy''--that is important for our country--``for carbon capture and sequestration.'' Again, a critical comparative advantage. ``That enables advanced vehicles, vehicle components, and related technologies that result in significant energy savings.'' Again, important. And it also says ``that enhances the energy independence and security of the United States by enabling improved or expanded supply and production of domestic energy resources, including coal, oil, and natural gas.'' That is in the definition of advanced energy technologies, and that is the definition that was passed two Congresses ago, unanimously, and that is why it has not been defined here because it has already been defined in this. Congress is very clear on what advanced energy technology means in the Endless Frontier Act. That is a huge comparative advantage, as I mentioned, oil, gas, renewables. And that is an important element of this legislation in our competition with China, and I am glad that is recognized.…