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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 […]
This week on The Unregulated Podcast Thomas Pyle and Mike McKenna are joined by Travis Fisher, the director of energy and environmental policy studies at the Cato Institute, for a wide ranging discussion energy issues in the news. Links: American Energy Alliance · #157: Direct Communications Stated Directly (11/17/23)
WASHINGTON DC (05/02/2023) – Today, Sen. Joe Manchin (D. W.Va.), once again, introduced legislation that will do little to actually solve our nation’s permitting issues, and, in many cases, it might actually make them worse. The measure seemingly seeks to reform the federal permitting process, but mainly is a vehicle to congressionally authorize the West […]
On this episode of The Unregulated Podcast Tom Pyle and Mike McKenna discuss Biden rolling out eggs, his 2024 presidential campaign, and heavy-handed auto regulations among other stories. Links: Secretary Jenny – “So Much Cheaper” Car Rule WSJ Editorial IER: Biden Releases New Rules to Force Electric Vehicles on Americans Washington Commanders Sold Louisiana Party […]
Senator Joe Manchin, Chairman of the Senate Energy and Natural Resources Committee, is not happy about how his wording in the Inflation Reduction Act is being interpreted by President Biden’s Department of the Treasury. Treasury’s proposal allows a much wider claim on the electric vehicle tax credit than he says he intended. The Treasury Department […]
To Senator Manchin’s dismay, Biden’s Treasury Department is allowing the tax credit for electric vehicles to be claimed if the vehicle is leased regardless of where the battery components and vehicle were manufactured. The intent of the Inflation Reduction Act was for the tax credit to be applied to electric vehicles that were manufactured from components made […]
On this episode of The Unregulated Podcast Tom Pyle and Mike McKenna discuss the tottering Biden administration, the tremendous failure of the Manchin permitting “reform” bill, and prospects for the next Congress. Links: Zycher’s Letter to the Editor Friday, 9/30 Jamie Dimon: “That would be the road to Hell for America” Former Obama economist Larry […]
The so-called Inflation Reduction Act contains new, very favorable incentives to attract additional investments in wind and solar power of over $270 billion in the next eight years for 155 gigawatts of new wind and solar capacity. The new law is expected to trigger 85 gigawatts of new onshore wind capacity by 2030, with total onshore wind capacity reaching […]
Senator Joe Manchin is seeking a bill on permitting reform this fiscal year that could help accelerate wind- and solar-power projects as well as pipelines for oil and gas. Utility energy projects such as power transmission lines and offshore wind farms as well as oil and gas pipeline projects can be delayed for years and […]
On this episode of The Unregulated Podcast, Tom Pyle and Mike McKenna discuss the bizarre talking points coming from the Biden administration regarding the recently passed reconciliation bill, and the big winners and losers from the bill’s provisions. Links: Liz, you’re fired… Bill Gates lobbys Manchin Old Trump Tweetz EDV Tax Credit Details EV giveaways […]