inflation reduction act, Tag
CNBC recently covered an intense discussion between the United States and South Korea over electric vehicle tax credits. The issue is more complex than it appears. With vehicle prices rising due to inflation and chip shortages...
Supposedly “clean, green, renewable” energy is simply not yet able to meet America’s and the world’s growing electricity needs.
According to The Atlantic, the IRA costs are just estimates. For many items there are no limits on the magnitude of federal climate subsidies available.
From Climate Depot House Speaker Nancy Pelosi on Sept 22, 2022: “We saved the planet. We’re saving the planet with record $360 billion to save the planet, generating jobs and…
The environmentalists petition to the EPA is just the opening salvo following passage of the Inflation Reduction Act (a.k.a., Green New Deal Lite).
So, as groundbreaking as it is, the Inflation Reduction Act does not change the impact of the Supreme Court’s determination in West Virginia v. EPA that the EPA lacks the authority to require a systematic shift to cleaner...
Bjorn Lomborg dismantling the hype surrounding President Biden's Inflation Reduction Act, in the increasingly climate skeptic Wall Street Journal
Biden and his Democrats seem intent on destroying U.S. energy and economic viability in the clearly incompetent, misguided and false belief that they are “fighting climate change”.
Think Gasoline is expensive now? From 2024, US Oil and gas companies will face impossible operating conditions, with the US EPA promising to impose a $900 / ton methane release fee, rising to $1500 per ton by 2026.
From Climate Depot House Speaker Nancy Pelosi on Biden-Manchin climate: ‘Mother Earth gets angry from time to time, & this legislation will help us address all of that’ # Climate…
, this is an incentive that primarily will benefit the already well-to-do; except nearly twice as much as EV’s.”
In reality, the legislation will do almost none of what Manchin claims it will—and often the exact opposite. If it becomes law, the Inflation Reduction Act of 2022 will:
"... brilliant piece of marketing – it’s called the Inflation Reduction Act (IRA), but it’s in fact a climate bill ..."
Politically Connected Piggies at the Trough for ‘Inflation’ Bill
Overall a more rapid transition will be facilitated if we don’t unduly focus on CO2 emissions and meeting near term emissions targets.
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