So all the rest of these companies are--if we go in and pick out any one of the ones you named or some others, we are going to find that they don't have these ties to the Chinese Communist Party and the Chinese Communist Government.
H. Griffith
The Public Record
But you are telling me that is when the vetting actually--the in-depth vetting began.
If they are majority U.S.-owned, how can the Chinese Communist Party, through its government, say--why would they say that they could be stopped or changed course because of what the government said in China?
As these supply chains are currently configured, most of the spending from the IRA will be spent on Chinese-made inputs and will end up enriching Chinese companies.
We are not training any American companies. We are not creating any American companies that will suddenly have this battery capacity.
But I thought the idea behind the bill was to get American companies onboard, and it sounds like you agree with my assessment that at least in the Ford-CATL arrangement, that Ford is subservient.
We do not want to be turning over intellectual property to China. We do not want to be dependent on China for solar panels, components, wind turbines, electric batteries, and components of these.
The Biden administration has extolled the billions of dollars in grants and incentives in the Infrastructure Investment and Jobs Act and the Inflation Reduction Act as a key component of our national strategy to secure our energy-sector supply chains.
Unfortunately, we currently depend on international rivals such as China and Russia for much of these energy supply chain inputs.
Our country's national security and economic prosperity depends on stable access to the products and materials our energy producers need.
The extension of the Black Sea Trade Corridor absolutely greatly contributes to food security, and to those areas.





