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Senator Joe Manchin, Chairman of the Senate Energy and Natural Resources Committee, is not happy about how his wording in the Inflation Reduction Act is being interpreted by President Biden’s Department of the Treasury. Treasury’s proposal allows a much wider claim on the electric vehicle tax credit than he says he intended. The Treasury Department […]
New York will become the first state to pass a law banning natural-gas and other fossil-fuel hookups in new buildings on its way to meeting President Biden’s net zero carbon goals and the state’s own targets for greenhouse-gas reduction. The New York State Climate Leadership and Community Protection Act, passed in 2019, calls for a reduction in economy-wide […]
On this episode of The Unregulated Podcast Tom Pyle and Mike McKenna discuss the highlights from a busy week in Washington and their thoughts on the new season of Major League Baseball. Links: Zycher testimony Governor Gavin’s Big Oil Bill LA Times Biden’s WOTUS tanks in Senate We Own the Science Rep. Gary Palmer Calls […]
Expensive electricity rates are making home battery charging a headache and outside of the home, inconsistent and sometimes high pricing policies, frequently broken equipment, and a lack of battery chargers in key locations for all but Tesla drivers is frustrating electric vehicle owners. Inflation and intermittent renewable energy (wind and solar power) are escalating electricity rates, making […]
Minor damage to an electric vehicle battery pack can lead to the entire car being totaled, leaving the expensive battery packs piling up in the scrapyard and causing higher insurance premiums. With no way to repair or assess slightly damaged battery packs after accidents, electric vehicles can lose up to 50 percent of their price, rendering it […]
On this episode of The Unregulated Podcast Tom Pyle and Mike McKenna discuss the prospects for major banking institutions in the face of government meddling, the moving goalposts of the anti-stove agenda, and where the latest trillions in government spending have all gone. Links: IRA: $1.2 trillion WSJ: EV Unit will lose $3B Randy Johnson […]
China’s efforts to ramp up lithium extraction could see it accounting for nearly a third of the world’s supply by the middle of the decade. Chinese-controlled lithium mines, including those in Africa, are expected to increase output to 705,000 tons by 2025, from 194,000 tons in 2022—almost quadrupling the amount of its global supply and lifting China’s share […]
The U.S. House of Representatives released its energy bill, H.R. 1, the Lower Energy Costs Act which will increase the production and export of American energy and reduce the regulatory burdens that make it harder to build major infrastructure in the United States through comprehensive permitting reform. The Lower Energy Costs Act will also expedite critical mineral […]
On this episode of The Unregulated Podcast Tom Pyle and Mike McKenna discuss the Biden administration’s monetary policy and its impact on the price of energy and everything else. Links: AEA to Congress: Just Say No to President Biden’s Reckless Budget Proposal Biden Blocks ‘West Virginia Sized’ Piece of Alaskan Land From Development American Energy […]
President Biden is planning to harm the domestic oil and gas industry and make them less globally competitive despite asking them to produce more energy. Biden’s budget proposal for fiscal year 2024 is for the astounding amount of $6.9 trillion and includes withdrawing tax deductions from oil and gas businesses that other manufacturing entities receive and would […]