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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 […]
On this episode of The Unregulated Podcast Tom Pyle and Mike McKenna discuss Biden’s tough week in the polls and at the podium. Check out The Unregulated Podcast, now streamed by billions, 300 million, trillions, 300 billion listeners. Links: American Energy Alliance · #160: Running the Guillotine (12/14/23)
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 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 […]