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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 […]
On this episode of The Unregulated Podcast Tom Pyle is temporarily replaced with long time show producer Alex Stevens who joins with Mike McKenna in a discussion of the future of Bidenomics, an update on the 2024 presidential field, and the competency of the Biden administration’s speech writers. Links: American Energy Alliance · #158: The […]
WASHINGTON DC (11/30/2023) – This week, nearly 4,000 auto dealers from all 50 states sent a letter to President Biden calling on the administration to slow the implementation of proposed rules that mandate the sale of electric vehicles (EVs). AEA President Thomas Pyle, and founding member of the Save Our Cars Coalition, issued the following […]
President Biden’s push for renewable energy in the generating sector and the billions that Biden and philanthropists like Michael Bloomberg are spending to rid the U.S. of coal plants and to drastically reduce natural gas plants will destabilize the U.S. electric power grid, damaging transformers and causing long-term outages, experts say. Michael Bloomberg pledged $500 million in […]
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)
With slower than expected sales in electric vehicles, automakers are questioning their multibillion-dollar investments in new factories and raising doubts about the effectiveness of Biden’s federal incentives. General Motors delayed plans to expand its electric pickup truck production at a plant in suburban Detroit, and canceled a program with Honda to sell electric vehicles for around $30,000. Ford paused […]
Biden’s Department of Energy (DOE) has increased the time it takes to review a permit for exporting LNG from 7 weeks to a minimum of 11 months. The slowing of permit approval could mean that nearly-completed LNG projects are not able to supply European buyers in need of gas because they do not have the permit. […]
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 […]
The Biden administration finalized national efficiency rules for residential gas furnaces, which will require non-weatherized gas furnaces and those used in mobile homes to achieve a 95 percent annual fuel utilization efficiency standard by late 2028. That is, manufacturers would only be allowed to sell furnaces that convert at least 95 percent of fuel into heat. The […]
On this episode of The Unregulated Podcast Tom Pyle and Mike McKenna discuss the prospects of a government shutdown, the latest from the 2024 presidential contest, updates on the all-EV agenda, and more. Links: American Energy Alliance · #150: Gold Bars Get The Job Done (9/29/23)