From cheap fakes to community banks, Tom and Mike cover a whole lot of ground on The Unregulated Podcast this week. Now streaming on our website, or wherever you enjoy podcasts.
"America has energized the world by giving its citizens the freedom to discover more oil and create more knowledge. We enjoy a virtuous circle as more knowledge gives us more oil and more oil gives us more knowledge."
Dear Utahns: I can understand the Mitt thing, given he ran for president and all. But if you give this guy a promotion, I'm not sure I can forgive you.
Just The News (6/20/24) reports: "The American Energy Alliance, a free-market energy advocacy group, is launching a campaign in Utah and Iowa against a bill they say will hurt consumers. The PROVE IT Act directs the Department of Energy to study and report the average emissions intensity of two dozen energy products – including steel, aluminum, cement, natural gas and crude oil – made in the U.S. and foreign countries. Reps. John Curtis, R-Utah, and Scott Peters, D-Calif., are the lead sponsors of the bipartisan House version of the bill that is expected to be introduced in the coming weeks, according to E&E News. Sens. Kevin Cramer, R-N.D., and Chris Coons, D-Del., are sponsoring the Senate version...The AEA argues that the measure, if passed by Congress and signed it law, will produce data that could potentially lead to carbon taxes and tariffs, which would harm consumers. 'Congressman Curtis is leading the charge among Republican lawmakers to promote policies that would raise the cost of energy at a time when Utah families are already struggling with higher costs for gasoline, groceries, and many other household needs,' Tom Pyle, president of the AEA, said in a statement. The alliance is launching a six-figure digital campaign in Utah and Iowa’s first congressional districts opposing the PROVE IT Act. The campaign will run for two weeks."
The more the merrier.
E&E News (6/21/24) reports: "Some of the nation’s largest oil companies have been raising concerns with congressional Republicans over bipartisan legislation that would study the carbon intensity of nearly two dozen industrial products, including crude oil. The bill, a modest effort on climate action that would simply require a study, has been maligned by some on the right as a precursor to a carbon tariff and a potential backdoor to a domestic carbon tax. A version of the bill has already passed the Senate Environment and Public Works Committee. Now, in the leadup to the anticipated introduction of a companion measure in the House, industry is weighing in with criticism...Earlier this week, the pro-fossil-fuel American Energy Alliance went up with a $100,000 digital ad campaign attacking Curtis. The 'advocacy initiative' urged Utah voters to tell Curtis 'no back door energy taxes.' Some 'PROVE IT Act' advocates have questioned whether AEA is acting on behalf of the refining industry. It’s an accusation AEA President Tom Pyle denied, but he did say in an interview he was 'very glad to hear that they are engaging and hope more industries join them.' Pyle also argued that the Republican authors of the 'PROVE IT Act,' specifically Curtis, are the only ones who won’t admit 'that this is a precursor to a carbon tariff.' He rejected the notion Trump would be supportive."
When Americans are facing record utility bills and unprecedented grid fragility, Team Biden is working overtime to -- wait for it -- increase electricity prices and make the grid even more fragile.
DC Journal (6/20/24) reports: "The EPA’s new carbon emissions rule is aimed at shutting down the nation’s remaining coal-fired power plants, an energy industry group says, and the result will be higher electricity rates and fewer jobs. And in recently filed legal documents, they lay out the specifics of the 'irreparable harm' of the regulations...Coal-fired plants would need to secure approval from the Federal Energy Regulatory Commission to build natural gas infrastructure. An analysis from America’s Power found that the commission would need to approve more than 30 gas pipelines to meet the demand, and it approved only five last year. 'There’s just no way that the numbers work,' said Paige Lambermont, a research fellow at the Competitive Enterprise Institute in the Center for Energy and Environment...'America needs more electricity, not less, and yet the EPA is trying to kill gigawatts and gigawatts of reliable power just when demand is starting to grow,' said Tom Pyle, president of the American Energy Alliance. 'That’s not speculation. The New York grid operator is warning of massive shortages because of green energy’s part-time performance. This regulation is a recipe for even higher electricity rates and increased risk for blackouts.' The timing of the rule is not a coincidence, Lambermont said. It runs parallel with recent pushes to mandate the transition to all-electric vehicles in California, the complete electrification of the power grid, and even efforts to replace gas stoves with electric cooktops."
If you oppose a carbon dioxide tax masquerading as a tariff, take a stand and contact us.
Tom Pyle, American Energy Alliance
Daren Bakst, Competitive Enterprise Institute
Phil Kerpen, American Commitment
Andrew Quinlan, Center for Freedom and Prosperity
Grover Norquist, Americans for Tax Reform
George Landrith, Frontiers of Freedom
Thomas Schatz, Citizens Against Government Waste
Richard Manning, Americans for Limited Government
Craig Richardson, E&E Legal
Benjamin Zycher, American Enterprise Institute
Jason Hayes, Mackinac Center
David Williams, Taxpayers Protection Alliance
Paul Gessing, Rio Grande Foundation
Seton Motley, Less Government
Annette Meeks, Freedom Foundation of Minnesota
Isaac Orr, Center of the American Experiment
David T. Stevenson, Caesar Rodney Institute
John Droz, Alliance for Wise Energy Decisions
Jim Karahalios, Axe the Carbon Tax
Mark Mathis, Clear Energy Alliance
Jack Ekstrom, PolicyWorks America
Jon Sanders, John Locke Foundation
