Time to Unleash American Energy Prosperity
A new administration tends to bring a slew of new policies to Washington; Trump’s latest victory will be no different. The energy agenda to be ushered in come January will likely be reminiscent of four years ago which centered around an all-of-the-above platform. Considering the growing demands within the energy arena, this country is going to need everything at its disposal.
The current administration’s focus on renewable or so-called low carbon sources such as wind, solar, and electric vehicle (EV) battery technology has led to a host of complications and proved to be a futile strategy to serve the American public. The combination of the Inflation Reduction Act (IRA)—considered the biggest climate action in U.S. history—and a number of agency rules and regulations has hurt businesses and consumers nationwide.
Regions where wind and solar are a large portion of the energy mix are experiencing energy shortages and continue to be at serious risk for grid disruptions. The EPA’s stringent power plant rules are projected to further hamper energy reliability with the early retirement of dependable coal and natural gas plants. EV mandates solidified by the EPA’s tailpipe rule to regulate vehicle emissions have negatively impacted car dealerships,........
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