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The Manchin/Schumer ”Inflation Reduction Act“ keeps and extends the $7,500 tax credit on electric vehicles and removes the numerical cap but there are a number of stipulations related to obtaining the full credit, one of which is where the battery materials are made. To qualify for $3,750 of the credit, an increasing share of a vehicle’s battery […]
The Federal government has already spent well over $100 billion on renewable credits for electricity production since their enactment three decades ago, and the “Inflation Reduction Act” will cost taxpayers another $98 billion. The proposed bill is full of incentives for renewable energy technologies, chief among an extension of wind and solar tax credits significantly increasing […]
Last week, the day before the latest GDP data release showed the US economy tipped into recession in the first half of 2022, Senators Joe Manchin and Chuck Schumer announced a deal on a legislative package to be passed through the budget reconciliation process. That process allows the Senate to pass certain types of legislation […]
On this episode of The Unregulated Podcast, Tom Pyle and Mike McKenna discuss shifting definitions, Joe Manchin’s betrayal of West Virginia, and get into just how much damage the recent Senate bills could do to American families. Links: Wind Fail: 20 Quotes for 30 Years of False Hopes Manchin’s and Schumer’s “Inflation Reduction Act of […]
Europeans are learning slowly. The Nord Stream 1 scare that Russia would not restart natural gas flowing in the pipeline after its planned annual maintenance has put Europeans, and particularly Germans who heat half their homes with gas and use it for electricity generation and in critical industrial applications, on edge. Russia is clearly using […]
With one-third of the United States sweltering under severe summer heat warnings, President Biden is doing nothing to ensure adequate electricity capacity and sufficient natural gas and coal availability to keep generators operating under the large demand for air conditioning. Texas, with the largest wind capacity among the U.S. states, is calling for energy conservation to avoid rolling blackouts as […]
On this episode of The Unregulated Podcast Tom Pyle and Mike McKenna discuss recent events at the White House, insights from the latest public opinion polls, and more. For first time ever, Europe imported more natural gas from US than Russia. Biden Approval Hits New Low Celebrating 40 years at The Washington Times Democrat Mayors […]
Last Thursday, Senator Manchin announced that he was unwilling to move forward on the Democrats’ climate legislation until he saw the next round of inflation numbers. Even though his statement explicitly left open the possibility of Manchin agreeing to some climate-related funding in the fall, Democrats and environmental activists descended into fury and sadness. Senator […]
On this episode of The Unregulated Podcast, Tom Pyle and Mike McKenna discuss the historic milestone reached by President Biden, the future of the reconciliation bill, and the astounding plans put forth by the crack team at the White House. This week Tom and Mike also talk with Jonathan Brightbill who litigated on behalf of […]
Has anyone told President Biden that fossil fuels made up 82 percent of the world’s energy and 79 percent of U.S. energy in 2021? Has anyone told him that Europe is using more coal because Russia is reducing its natural gas supplies to Europe? Has anyone told him that Europe’s energy crisis first started with low […]