GreenMet CEO: Exemption In Treasury’s Proposed Guidance for Electric Vehicles “Opens A Giant Loophole” for China

Drew Horn, the CEO of GreenMet, an organization that addresses vulnerabilities in critical mineral supply chains, told Federal Newswire that the Treasury Department’s guidance for electric vehicles (EV) could enable foreign entities of concern (FEOC) to benefit from American taxpayer funds. Horn urged the Department of Energy to work with partners to enhance critical mineral traceability in order to prevent adversarial nations such as China from exploiting American consumers and taxpayers.

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