Thank you for the opportunity.
I mentioned investments earlier. If, as a country, we're going to meet our 2050 goals for reducing GHG emissions, the electricity sector is going to be investing in the order of $1.7 trillion between now and then. To be able to make those investments to build for future needs and to retrofit, we're going to require support from energy regulators. There's a role for the federal government to play in facilitating this support. Beyond EVs, expanding distribution infrastructure will also facilitate other future expanded electricity use, not just electric vehicles. Finally, credits generated through the clean fuel standard could help offset some of these costs. Should local utilities be able to generate credits through EV charging, these revenues could help offset necessary infrastructure upgrades without having to add costs to residential bills.
Thank you very much.