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WASHINGTON DC (03/02/2023) – This week, the House and Senate voted to cancel a Labor Department rule that encourages retirement plan managers to weigh environmental and social issues when making investments. AEA President Thomas Pyle issued the following statement: “Today, Congress firmly rejected the Biden administration’s extreme environmental agenda by voting to cancel the Labor […]
In late February 2023, the price of carbon permits on the European Union’s carbon market hit 100 euros ($106.57) per metric ton – the amount of increased costs that factories and power plants must pay when they emit carbon dioxide. The benchmark EU Allowance (EUA) contract had hit a high of 101.25 euros per metric ton. EUAs […]
It is anticipated that President Biden’s Environmental Protection Agency (EPA) will soon release new and expanded regulations that will result in coal’s demise. EPA is expected to release six new rules covering everything from carbon to coal ash, which are expected to trigger new coal plant retirements as the cost of keeping coal plants operational with the […]
The hubbub about banning indoor gas stoves that Biden’s Commissioner of the Consumer Product Safety Commission (CPSC) suggested last month and which was poo-pooed by the White House, saying President Biden did not support the ban, continues. Now, Biden’s Department of Energy is setting energy efficiency standards for consumer cooking appliances that would ban most indoor gas stoves. […]
On February 7, 2023, in his state of the union address, President Joe Biden stated, “Here at home, gas prices are down $1.50 a gallon since their peak.” While the statement is true, he fails to indicate that they are still almost a dollar higher than when he took office on January 20, 2021. And according […]
On this episode of The Unregulated Podcast Tom Pyle and Mike McKenna discuss Joe Biden inflating currency and deflating a Chinese spy balloon (after it completed its mission). Links: House ESG Working Group Meanwhile, Biden isn’t Getting Much Love Dems say no on Joe Chinese Spy Balloons BP Scaling Back Renewables Free Beacon: Jobs, Doerr […]
A recent study by the Anderson Economic Group found the cost to fuel certain electric vehicles to be higher than similar gasoline-powered cars for the first time in 18 months. In the fourth quarter of 2022, drivers fueling a typical mid-priced Internal Combustion Engine (ICE) car paid $11.29 to fuel their vehicle for 100 miles of driving. That […]
Joe Biden’s administration and certain elements in Congress have a plan for American energy: make it harder to produce and more expensive to purchase. Our friends at the Institute for Energy Research have shown the juxtaposition between the administration’s words and deeds on this topic in their latest video short. Since Biden took office, his […]
Electric car manufacturers in Europe are slowing down production because battery cars have proven too expensive for the middle class and the supply of lithium for their batteries is too uncertain. Production in Europe this year is expected to be 12 million cars—a million less than previous estimates. Tesla, for example, is cutting prices to boost […]
During the holidays, the U.S. Environmental Protection Agency (EPA) and the Department of the Army issued a proposed redefinition of the Waters of the United States (WOTUS) under Section 401 of the Clean Water Act (CWA). The rule would expand the EPA and Army’s regulatory oversight to include traditionally navigable waters, territorial seas, interstate waters […]