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President Biden’s signature climate law, the Inflation Reduction Act (IRA), provided green energy with huge subsidies costing taxpayers well over $1 trillion, despite being estimated to cost $369 billion by the Congressional Budget Office (CBO). One reason is that there is essentially no cap on the freebies awarded to green energy because the national emissions test used to […]
WASHINGTON DC (2/14/25) – This week the American Energy Alliance joined with over 50 free-market groups and organizations to urge Congress to scrap the Inflation Reduction Act’s (IRA) Green New Deal provisions. Our letter warns that IRA subsidies will push the U.S. away from reliable energy (natural gas, oil, and coal) toward unreliable sources (wind, solar), […]
On this episode of The Unregulated Podcast Tom Pyle and Mike McKenna discuss the tentative transition occurring at the White House and Team Biden’s race against time to spend every tax-dollar they can. Links: American Energy Alliance · #208: God-Tier Level Trolling (11/25/24) Stay Connected With The Show:
On this episode of The Unregulated Podcast Tom Pyle and Mike McKenna discuss the priorities of Team Biden during their waning days in the White House and a few issues that remain outstanding after the election. Links: American Energy Alliance · #207: How Awkward Was That? (11/15/24) Stay Connected With The Show:
WASHINGTON DC (11/12/24) – The Biden-Harris administration is poised to finalize a new methane emissions tax for U.S. oil and gas producers today. The tax, mandated by President Joe Biden’s 2022 Inflation Reduction Act, was originally outlined but left to the Environmental Protection Agency to finalize. The finalized rule will impose a penalty of $900 […]
A major flaw in the Inflation Reduction Act (IRA) is that there is effectively no cap on the tax subsidies that President Biden provides to his favorite “green” technologies. Despite more than four decades of subsidies for wind and solar technologies, the IRA continues to subsidize these technologies as if they were still emerging, which they are […]
On this episode of The Unregulated Podcast Tom Pyle and Mike McKenna discuss Biden’s tough week in the polls and at the podium. Check out The Unregulated Podcast, now streamed by billions, 300 million, trillions, 300 billion listeners. Links: American Energy Alliance · #160: Running the Guillotine (12/14/23)
President Biden’s climate law, the Inflation Reduction Act (IRA) of 2022, provides up to $7,500 in tax credits to consumers who buy electric vehicles made in the United States, using largely domestic materials. The law includes a general ban on Chinese products, orchestrated by Senator Manchin, Chairman of the Senate Energy & Natural Resources Committee, who was […]
This week on The Unregulated Podcast Thomas Pyle and Mike McKenna are joined by Travis Fisher, the director of energy and environmental policy studies at the Cato Institute, for a wide ranging discussion energy issues in the news. Links: American Energy Alliance · #157: Direct Communications Stated Directly (11/17/23)
The first major legislation House Republicans passed under Speaker Mike Johnson’s leadership would cut billions of dollars in green subsidies for energy efficiency upgrades included in President Biden’s climate law, the Inflation Reduction Act. The $58 billion measure, which funds the Energy Department and other agencies, rescinds more than $5.5 billion from the Inflation Reduction Act, including a $4.5 […]