Tag: Inflation Reduction Act

Biden’s Department of Energy (DOE) has projected that President Biden’s infrastructure bill and his Inflation Reduction Act will save Americans up to $38 billion on electricity costs over the remainder of the decade, using a version of the Energy Information Administration’s (EIA) National Energy Modeling System (NEMS). Despite EIA being part of the DOE, EIA was not […]

On this episode of The Unregulated Podcast Tom Pyle and Mike McKenna discuss bumbles from Biden and co. this week, the Maui wildfire, and the latest ups and downs from the 2024 presidential contest. Links: US Mortgage Rate Climbs to 7.16%, Matching Highest Since 2001 Bloomberg Manchin… LA Times: Despite climate goals, California will let […]

WASHINGTON DC (08/17/2023) – The American Energy Alliance (AEA), the country’s premier pro-consumer, pro-taxpayer, and free-market energy organization, has joined a coalition of free-market organizations working to save taxpayers from runaway Washington spending on green corporate welfare found in the so-called “Inflation Reduction Act.” AEA President Thomas Pyle issued the following statement: The Biden Administration’s […]

First Solar, an Arizona-based solar-panel manufacturer, expects to receive as much as $710 million this year—nearly 90 percent of its expected operating profit—from federal subsidies meant to encourage domestic renewable energy production. Those incentives could be worth more than $10 billion for the company over the next decade. The incentives were approved by a Democratic Congress and President Biden last year […]