Nashville, Tenn. – U.S. Representative Bud Cramer (Ala.-05) today co-hosted a TVA Caucus event to discuss the use of plug-in electric and hybrid vehicles in response to increasing gas prices. Cramer hosted the event with fellow TVA Congressional Caucus Co-Chairman Senator Lamar Alexander (R-Tenn.).

“With the rising cost of gasoline a major issue across the country, it is important that we explore ways to conserve energy and natural resources,” Cramer said. “Not only do high fuel prices harm the economy, but they also jeopardize our national security as foreign oil profits sometimes find a way into the hands of those around the globe who wish to do our country harm.”

Cramer has worked across the aisle on initiatives designed to increase America’s use of alternative fuels. The Energy Independence and Security Act, signed into law last year, will raise corporate average fuel economy (CAFE) standards to 35 miles per gallon by 2020 and includes new renewable fuel standards designed to increase American production of these fuels by 300% by 2022.

Cramer praised the Tennessee Valley region as one of the nation’s premier science and technology corridors and commended the Valley for its role in the research and development of alternative fuels.

“While the federal government can provide tax breaks and incentives related to research and development, America’s pursuit of energy independence should also be driven by the private sector,” Cramer said. “Our region has made numerous contributions to alternative energy research and development.”

During the hearing, Cramer heard testimony from representatives from the Valley's automotive industry, energy research and manufacturing companies including Alabama auto manufacturers Toyota and Honda. Cramer questioned the panel about the role of the federal government in private sector research and development. Panelists spoke of the importance of buyer incentives and educating the public on new technology.

Also participating in the Caucus event was House Science Committee Chairman Bart Gordon (Tenn.-06) and TVA Board Chairman Bill Sansom. Prior to the hearing, the group toured a display of several prototype, hybrid and plug-in electric vehicles, as well as exhibits from smart technology manufacturers including North Alabama’s Carina Technologies.