Critical Material Transparency and Reporting in Advanced Clean Energy Act of 2024

This bill requires the U.S. Department of Energy to establish a program creating digital tracking systems for batteries used in clean energy technologies (like electric vehicles and grid storage). It mandates detailed supply chain transparency, including tracking the origin of materials, recycled content, environmental impact (carbon footprint), and labor practices for each battery component. The program must ensure systems are interoperable, protect privacy, and help verify compliance with tax credit requirements for mineral sourcing. It directly affects battery manufacturers, recyclers, and supply chain operators by requiring standardized digital reporting. The program is funded with $20 million annually through 2028.