FedEx President Frederick W. Smith to Testify Tomorrow on Plan to End Oil Dependence

WASHINGTON June 21, 2010; Frederick W. Smith, Chairman, President and CEO of FedEx Corporation, co-Chairman of the Energy Security Leadership Council, and a member of the Electrification Coalition, will testify tomorrow morning at a hearing of the Senate Committee on Energy and Natural Resources. Smith will speak to the dangers posed by our nation's dependence on petroleum, and the plan to end that threat through the electrification of the ground transportation system. The hearing will take place at 10:00 a.m. in room 366 of the Dirksen Senate Office Building.

On May 27, Republicans and Democrats in both the House and the Senate introduced legislation designed to advance the wide-scale deployment of electric vehicles and to develop the infrastructure needed to support them. Those bills echo recommendations put forward by the Electrification Coalition by proposing a set of policies in which geographic areas would compete to be selected as electrification deployment communities: specific areas in which targeted, temporary financial incentives are employed so that all of the elements of an electrified transportation system are deployed simultaneously.

WHO: Frederick W. Smith, Chairman, President and CEO of FedEx Corporation

WHAT: Testimony before the Senate Committee on Energy and Natural Resources

  WHERE: 366 Dirksen Senate Office Building
  Washington, D.C.

  WHEN: Tomorrow, Tuesday, June 22

  TIME: 10:00 a.m.

The Electrification Coalition is a nonpartisan, not-for-profit organization committed to promoting policies and actions that will facilitate the deployment of electric vehicles on a mass scale in order to combat the economic, environmental, and national security vulnerabilities caused by our nation's dependence on petroleum.