Press Releases
Beyer Introduces Ambitious Electric Vehicle LegislationGreen VAN Act would use tax credits to spur rapid emissions reductions for large, commercial vehicles
Washington,
November 19, 2019
Rep. Don Beyer (D-VA) today introduced the Green Vehicle Adoption Nationwide (VAN) Act, which would provide tax credits for the purchase of zero-emission heavy vehicles. The text of the bill was also included in Rep. Mike Thompson’s Growing Renewable Energy and Efficiency Now (GREEN) Act, a comprehensive renewable energy tax credit package crafted by the House Ways and Means Committee. “The Green VAN Act would make a big dent in American emissions and help restore our leadership on the climate crisis,” said Rep. Beyer. “Vehicle emissions make up a large portion of our carbon pollution, and commercial vehicles account for much of those emissions. By using tax policy to promote the adoption of zero-emission vehicles, we can greatly reduce those emissions. This approach would also spur innovation and development in the marketplace by increasing the demand for larger electric vehicles, a key step forward towards a greener economy.” The Green VAN Act would offer tax credits of 10% for vehicles that weigh 14,000 pounds or more, with a cap at $100,000 per vehicle. It is expected to be considered by the Ways and Means Committee as part of the GREEN Act, of which a discussion draft is available here. Representative Beyer is the co-Chair of the Congressional Safe Climate Caucus, and co-chairs the New Democrat Coalition’s Climate Change Task Force. He serves on the House Committee on Ways and Means, and is the House sponsor of bicameral carbon cap and dividend legislation. |