“It seems that the only people who could claim a $14,000 [home electrification] rebate have well above average income.  If so, like $7,500 electric vehicles (EV’s) rebates, this is an incentive that primarily will benefit the already well-to-do; except nearly twice as much as EV’s.”

“Without gas utilities to serve heating demand, electric utilities will become winter peaking, requiring massive investments of generating capacity and/or battery storage.”  

Searchable text of Inflation Reduction Act is here.

The American public has been sold out in energy and climate just when the opposite seemed to be at hand. This bill is about bigger government, more spending, greater deficits, and more monetary inflation (federal counterfeiting) to make it all work (see Concerned Economists letter).

Hidden in the Bill are innumerable special-interest government interventions, one of which is very anti-consumer that no one is talking about.…

“The have’s are ‘terrified’ that the rest of the world joins in with modern appliances. And no need to check your premises about climate alarmism and wind, solar, and the rest of it. Once an alarmist, always an alarmist.”

How many times can a climate alarmist get nudged by reality? How many defeats will be enough to get the Net Zero crowd to take a fresh look at the science of CO2 benefits and global lukewarming?

Here is yet another example. Manmade global warming = heat waves = more conditioned air = more greenhouse gas emissions = [repeat]. Consider an article by Leslie Hook, Financial Times (July 15, 2022), The Lure of Air Conditioners Ignores the Vicious Climate Cycle, subtitled “more cooling systems may seem the simplest solution to warming houses but it only aggravates the problem.”…

“Epstein focuses on the ‘big picture’ facts of how fossil fuels are helping the world’s populations to live longer, better, safer lives, while managing the side-effects of increasing CO2 emissions.”

After his successful book, The Moral Case for Fossil Fuels (2014), philosopher Alex Epstein spent several years speaking at seminars, at corporate meetings, and in webinars to help people understand why the apocalyptical view of future climate and fossil fuels reliance are wrong. At the same time, Epstein zealously asked questions and listened to his “Energy Champions” to better understand how to break through the mainstream narrative with his sound intellectual case.

The result is a reframed energy/climate discussion in his 430-page tome, Fossil Future: Why Global Human Flourishing Requires More Oil, Coal, and Natural Gas – Not Less, which challenges the “expert” opinion of impact of rising carbon dioxide (CO2) emissions in the atmosphere in light of humanity’s huge gains from carbon-based energy usage.…

“Perhaps the most tragic aspect of Biden’s horrendous climate policy is that not only is there zero scientific evidence that it will have any significant impact on world carbon emissions or global temperatures, the scientific evidence is strong that global warming is not harmful and instead is beneficial.”

President Biden’s climate policy is not “the root of all evil,” but it’s close. Instead of improving the earth’s climate, it is causing or at least substantially worsening several economic and national security problems.

Biden’s climate policy seeks, as he stated during his campaign, “to end fossil fuel …” To do this, he is regulatorily strangling U.S. fossil fuel production.

Biden’s restriction of U.S. oil production has driven the price of West Texas Intermediate sharply higher. It was $51.56 a barrel in January 2020, when the economy was humming before the pandemic, and about $50 in December 2020, the month before Biden took office.…