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The Biden administration will allow consumers to get up to $7,500 on tax credits for electric vehicles containing Chinese graphite through 2026–a two-year extension, making it easier for car manufacturers to make and sell vehicles eligible for the tax credit. The Treasury Department published final rules governing the tax credits, which are designed to encourage EV production and push […]
A made-in-China electric vehicle will arrive at U.S. dealers this summer offering power and efficiency similar to the Tesla Model Y, with sticker price of about $8,000 less. The $35,000 window sticker of Volvo’s compact SUV (the EX30)–a five-seater electric SUV that will have a 275-mile driving range and a five-second 0-60 mile-per-hour time–will provide a more affordable electric […]
According to the Environmental Protection Agency (EPA), its emissions tailpipe rule will reduce total greenhouse gas emissions over 2027 to 2055 by 7.2 billion metric tons. Applying EPA’s climate model, the rule would reduce global temperatures in 2100 by 0.0068 degrees Celsius — an effect far too small to be detectable, which is why EPA admits it “did not…specifically quantify […]
On this episode of The Unregulated Podcast Tom Pyle and Mike McKenna cover a busy week of energy headlines and check in on the 2024 race for the White House. Links: American Energy Alliance · #176: Biden's Bugaboo Boogaloo (4/4/24) Stay Connected With The Show
WASHINGTON DC (03/20/2024) – Today, the Biden administration finalized a gas-powered vehicle ban that aims to remake the transportation sector and fundamentally upend the American way of life. The regulation mandates electric vehicle adoption by requiring 67 percent of new light-duty and 46 percent of new medium-duty vehicle sales to be EVs by 2032. It […]
WASHINGTON DC (03/20/2024) – As House Republicans bring a series of bills to the floor aimed at increasing domestic energy production and reducing energy costs for Americans, the Biden Administration moves another step closer this week to forcing the auto industry to shift exclusively to electric vehicles, another in the more than 200 actions the […]
Supposedly, the reason for switching to electric vehicles from gasoline-powered vehicles is to reduce carbon dioxide emissions by using less gasoline and thus oil. However, a country that was way ahead of the United States in the transition to electric vehicles found that its oil demand did not decline from EV use despite electric vehicles making up 64 […]
On this episode of The Unregulated Podcast Tom Pyle and Mike McKenna discuss the fallout of Super Tuesday and take bets on which will have a runner long time: this episode, or Biden’s State of the Union address. Links: The chip company? American Energy Alliance · #172: Fuel for Disruption (3/7/24)
Western carmakers in the United States and Europe have been warning about the threat of Chinese rivals upending their markets. This threat exists because the politicians in these countries have forced automakers to go electric before they were financially and technically ready to do so. President Biden, who has elevated China’s dominant role in the […]
On this episode of The Unregulated Podcast Tom Pyle and Mike McKenna discuss shake-ups in the Senate, how the pending spending deal is shaping up, and what recent events in the 2024 presidential race mean for November. Later they are joined by Yaron Brook, Chairman of the Ayn Rand Institute, for a discussion on his […]