Biden Spends $7.5 Billion for 7 EV Charging Stations

  • 06/21/24
  • IER
  • Blog

Biden’s $7.5 billion EV charging stations program, which promised half a million installations, still has over 499,990 to go after three years. President Biden signed the Bipartisan Infrastructure Law in November 2021, allocating $7.5 billion for electric vehicle charging, of which $5 billion is dedicated to building a network of chargers along major highways, called the National Electric Vehicle Infrastructure program. Just seven electric-vehicle charging stations  have begun operating...


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Activists Attack Alaskan Pipeline

  • 06/18/24
  • IER
  • Blog

A coalition of environmental groups has filed a legal petition with the federal government to evaluate how the Trans-Alaska Pipeline System (TAPS) contributes to climate change and to begin phasing the 800-mile line out of existence. The government first authorized  the pipeline right-of-way across federal land in the 1970s and the pipeline has been operating successfully since then. Environmentalists opposed the pipeline in the 1970’s, arguing it would disrupt caribou and cause other...


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Why are Republicans Embracing Joe Biden’s Potential Second Term Climate Plan?

John Podesta, President Biden’s climate czar, recently suggested that a carbon border tax could be proposed during the second term of the Biden administration. A carbon border tax involves levying taxes on imports based on their estimated greenhouse gas emissions.  Given the interconnected nature of the global economy and the presence of foreign components in most consumer products, a tariff targeting greenhouse gas emissions on imports essentially functions as a tax on everything.  ...
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Biden Decrees New Rule To Make Electricity More Expensive and Less Reliable

  • 05/10/24
  • IER
  • Blog

Biden’s Environmental Protection Agency (EPA) has finalized its power plant rule and, in most cases, has made it more restrictive than what it proposed last year , incorporating comments from environmentalists rather than addressing concerns about the impacts on consumers and the utilities who serve them. EPA’s power plant rule targets electricity from coal and natural gas, which together make up about 60 percent of the electricity generation in the United States while providing firm...


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Biden Makes It Easier For Chinese Companies To Cash In On EV Subsidies

  • 05/07/24
  • AEA
  • Blog

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 supply chains for minerals and batteries into the United States. Democrats in Congress expanded  EV tax...


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Biden Threatens To Forgo Constitution Over Climate Concerns

  • 05/03/24
  • IER
  • Blog

Senate Majority Leader Chuck Schumer and other Democratic politicians have urged President Biden to declare climate change, which Biden calls an existential threat, a national emergency. According to Bloomberg’s sources , that means that Biden could impose a draconian crackdown on fossil fuels, including suspending offshore drilling, restricting exports of oil and LNG, and ‘throttling’ the industry’s ability to transport its production via pipelines, ships and rail.  Industry experts...


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Team Biden Wants You In A Chinese EV

  • 04/25/24
  • IER
  • Blog

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 vehicle to U.S. markets. Volvo is the Swedish luxury brand owned by China’s Geely. The competitive...


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Biden's EV Mandate A Gift To Communist China

  • 04/24/24
  • IER
  • Blog

Biden’s policies of forcing electric vehicles on the American public and domestic auto manufacturers through regulations and standards is playing into China’s hands. China, with few oil and gas resources of its own, has found electric vehicles to be a way to dominate the world’s auto market. China achieved number one ranking in EV sales last year. As with other commodities, Chinese companies have an operating edge on EV production with cheap energy and labor, operational efficiencies...


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Biden Takes Another Swipe At Offshore Energy

  • 04/19/24
  • IER
  • Blog

On April 15, Biden’s Interior Department’s Bureau of Ocean Energy Management (BOEM) finalized a new rule requiring federal offshore oil and natural gas leaseholders to provide an estimated $6.9 billion in additional financial assurances to cover offshore decommissioning costs. The goal of the financial assurances is to limit the number of abandoned wells in the Gulf of Mexico’s Outer Continental Shelf (OCS) and  to address concerns related to aging OCS infrastructure, property...


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Biden Blocks American Mines Needed For Mandated "Energy Transition"

  • 04/18/24
  • IER
  • Blog

The Biden administration is expected to block an agency of the State of Alaska’s application to build a 211-mile road through northwestern Alaska to reach an area long known for its mineral richness. The road-building project is proposed by the Alaska Industrial Development and Export Authority (AIDEA) and is needed to access major copper and zinc deposits needed for Biden’s “clean energy” transition , including transmission lines, wind turbines and photovoltaic cells. Biden’s...


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