Subsidies vs. Tax Deductions: What IRA Defenders Get Wrong
- 06/20/25
- IER
- Blog
The Inflation Reduction Act of 2022 (IRA), President Biden’s signature climate bill, passed solely by Democrats, contains lucrative, essentially uncapped subsidies for wind and solar-generated power. Under current law, the tax credits phase out over four years, starting in either 2032 or when the U.S. power sector’s greenhouse gas emissions fall to a quarter of their 2022 levels — whichever comes later. An essentially uncapped phase-out defies the original purpose of tax credits,...
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AEA to the Senate: Absolutely No Backsliding on IRA Subsidies
- 06/18/25
- AEA Press Office
- Press Releases
WASHINGTON DC (6/18/25) – The Senate Finance Committee released its draft text for the budget reconciliation bill this week, notably preserving many of the “clean energy” tax incentives that House Republicans have dramatically scaled back.
American Energy Alliance President Thomas Pyle issued the following statement:
"The Senate Finance proposal extends subsidies for solar and wind energy through at least 2030 — with some subsidy provisions lasting until 2040. This directly...
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The Senate Finance Committee’s Reconciliation Draft Is a Step in the Wrong Direction
- 06/18/25
- William Rampe
- Blog
The Senate Finance Committee released its draft legislation of the reconciliation bill on Monday and, although the main structure of the bill remains the same as the house version, there are some notable differences in some of its energy provisions. Unfortunately, some of these differences are steps backward in that they replace the House bill’s strict repeals with softer language that allows companies to keep receiving tax credits past the end of President Trump’s time in office....
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The Unregulated Podcast #233: Containment Dome
- 06/16/25
- AEA
- Podcast
On This episode of The Unregulated Podcast Tom Pyle and Mike McKenna discuss the latest developments with President Trump's Big Beautiful Bill, the future of EV credits and coal production, and check in on old friend of the show Secretary Jenny.
Links:
- Big Beautiful Bill: Now they are asking for something at least…
- WAPO Editorial Dumps on Musk for EV credits.
- Rescission passes House
- Will Coal make a comeback?
- Powerplant rule
- Secretary Jenny: If only we messaged...
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California Energy: If it Ain't Broke Enough, Break it Some More
- 06/16/25
- AEA
- Blog
Despite being the seventh-largest producer of crude oil and third in refining capacity, California continues to demonstrate a desire for self-destruction with its anti-oil and gas stance. California’s aggressive push for destructive energy policies has already resulted in the closure of oil refineries and even the promised relocation of oil major Chevron to friendlier Houston Texas. The closure of refineries statewide will put pressure on California’s ability to provide gasoline to its...
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Trump Saves Taxpayers From Solyndra 2.0
- 06/13/25
- IER
- Uncategorized
The Trump administration has canceled a partial loan guarantee of $2.92 billion that had been awarded to troubled residential solar panel installer Sunnova Energy, as part of its review of government financing for alternative energy. The Department of Energy (DOE) had ‘de-obligated’ the loan guarantee, which means that the federal government is not responsible for the financing. Sunnova is restructuring its debt and has warned that it may not be able to continue to stay in business. In...
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Promises Made, Promises Kept: President Trump Signs Resolutions to Save Our Cars
- 06/12/25
- AEA Press Office
- Press Releases
WASHINGTON DC (6/12/25)– This morning, President Trump signed into law three resolutions revoking the national electric vehicle mandates from California on gas-powered cars and trucks, big rigs, and engines.
American Energy Alliance President Thomas Pyle issued the following statement:
"Thank you to President Trump and House and Senate members who voted in favor of these resolutions. Revoking the waiver has never been just about cars – it’s been about preserving American...
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AEA Urges Congress to Act on $9.4 Billion Rescission Package
- 06/10/25
- AEA Press Office
- Press Releases
WASHINGTON DC (6/10/25) – This week, Congress is expected to vote on President Trump's proposal to rescind $9.4 billion in budget authority, which includes the full $125 million appropriated for FY 2025 to the Clean Technology Fund (CTF).
American Energy Alliance President Thomas Pyle issued the following statement:
“President Trump should be commended for sending the $9.4 billion recession package to Capitol Hill for a vote. It shows, once again, that he is committed to...
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The Unregulated Podcast #331: Smoking and Arrogance
- 06/01/25
- AEA
- Podcast
On this episode of The Unregulated Podcast Tom Pyle and Mike McKenna discuss the latest battle in the fight to save America's cars, the future of California and more.
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The Unregulated Podcast #230: A Week Where Decades Happened
- 05/25/25
- AEA
- Podcast
On this episode of The Unregulated Podcast Tom Pyle and Mike McKenna discuss the battle over the Big Beautiful Bill and more highlights from a busy week in Washington.
Links:
Stay Connected With The Show:
- Follow The Unregulated Podcast on X
- Follow Tom on X
- Follow Mike on X
- Sign up for the Unregulated Email Newsletter
- ...
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