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Biden’s Signature Climate ‘Boondoggle’ Might Be On Chopping Block After Trump Win

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From the Daily Caller News Foundation 

By David Blackmon

In the wake of the election of President Donald Trump to serve a second term in office, along with presumptive Republican majorities in both houses of Congress, many are now asking about what the future will hold for the oddly named Inflation Reduction Act.

Trump made it repeatedly clear on the campaign trail that he is not a fan of that law, which was passed on straight party-line votes in both houses of Congress, or of the hundreds of billions of dollars in green energy subsidies contained in it.

In a statement sent out in a post-election memo, Sierra Club President Ben Jealous took on a pessimistic tone, saying: “Donald Trump was a disaster for climate progress during his first term, and everything he’s said and done since suggests he’s eager to do even more damage this time.” Given the major role played by the Sierra Club and other climate-alarm groups in writing the IRA, that is exactly the kind of comments we might expect.

But a full repeal of the IRA seems unlikely to succeed, even with GOP control of the House and Senate. Republican majorities will be slim and the GOP has never shown an ability to hold all its members together when voting on controversial issues. Thus, a more scalpel-like approach seems more likely to succeed.

I asked Karr Ingham, a respected petroleum economist who serves as the president of the Texas Alliance of Energy Producers, if he thinks Trump and his administration would seek to repeal the Inflation Reduction act in full. Ingham said: “I certainly hope so.” Specifically, Ingham pointed to a need to repeal “the methane tax [waste emissions charge] in the IRA, and frankly, much of the spending boondoggle that is the IRA should simply be eliminated.”

Tom Pyle, president of D.C.-based think tank the Institute for Energy Research, said he believes President Trump “absolutely should” pursue a full repeal of that law. “The vast array of subsidies embedded in the Inflation Reduction Act (IRA) is already destabilizing our electricity grid, while the spending further fuels inflation and contributes to soaring government deficits.”

Pyle further notes that Trump has promised an array of tax cuts for working Americans and families and will need to find budget offsets for those. Pyle believes the IRA offers such an opportunity. “Getting rid of subsidies for big corporations in exchange for tax relief on working families is both good policy and good politics,” he adds.

But American Petroleum Institute President Mike Sommers said his group favors retaining at least some major pieces of the IRA, specifically pointing to subsidies for carbon capture and storage (CCS) and hydrogen development. “We’ll advocate for provisions that we support, and we’ll seek repeal of provisions that we think don’t line up with continued production in the states of oil and gas,” Sommers told Politico. This is no surprise given that some of API’s biggest members have already made big bets on both CCS and hydrogen projects.

It is also important to remember that, since the IRA was signed into law in September 2022, renewable energy companies have invested hundreds of billions of dollars into wind, solar and electric vehicles projects, and a big portion of those investments are happening in key Republican states and counties.

Jason Grumet, CEO at the American Clean Power Association, said in a statement that, “Private sector clean energy investment is bringing jobs and economic opportunity to small towns and rural communities across the nation, while hundreds of new factories have come online in states that have seen far too many good jobs move overseas.” Grumet also pointed to the fact that quite a lot of investment into both wind and solar took place during Trump’s first term in office even without the added incentives from the IRA subsidy and tax incentive regimes, adding that ACPA and its members are “committed to working with the Trump-Vance administration and the new Congress to continue this great American success story.”

There is little question the Trump administration will take a hard look at many of the IRA provisions, but political realities combined with the billions already invested based on the continuation of these programs makes a full repeal seem highly unlikely.

David Blackmon is an energy writer and consultant based in Texas. He spent 40 years in the oil and gas business, where he specialized in public policy and communications.

 

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‘A Tremendous Boon’: Trump’s Sec Def Pick Will Give Pentagon Its First Real Wake Up Call In Decades

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From the Daily Caller News Foundation 

By Jake Smith

President-elect Donald Trump’s decision to tap Pete Hegseth for secretary of defense has sent corporate media and the wider defense establishment into a tailspin, with critics taking aim at the veteran’s lack of policy-making experience. Yet, national security experts argue that Hegseth could bring much-needed change to a Pentagon that has lost its way.

Trump announced Tuesday evening that Hegseth would be taking over the nation’s top defense role, touting him as “tough, smart and a true believer in America First.” Hegseth will face a series of challenges that started under the Biden-Harris administration’s tenure, including a recruiting and retention crisis, weapons stockpile shortages, hot-button left-wing policies and two global wars that have dragged in the U.S. 

“He wasn’t on my bingo card, but I just finished his book and was incredibly impressed by what he had to say,” Morgan Murphy, former Pentagon press secretary and national security adviser to Sen. Tommy Tuberville, told the Daily Caller News Foundation. “I think it’s a really good pick by the president.”

Hegseth is in lockstep with Trump’s “America First” approach, having vocalized his rejection of neoconservatism while also not appearing to be in favor of isolationism, either. Hegseth also spoke on the Shawn Ryan show in an interview published on Nov. 7 about the need to strip the Pentagon and military of left-wing policies that some argue have hindered the military’s readiness.

Many corporate media outlets reacted with shock at Hegseth being tapped to head the Pentagon. A number of officials and defense insiders who spoke to some outlets expressed outrage at the choice, arguing that Trump should have picked a Washington establishment figure for the role.

“Who the fuck is this guy?” a defense lobbyist, who has hoping for “someone who actually has an extensive background in defense,” told Politico.

“Folks are shocked,” one current DOD official told the outlet. “He’s just a Fox News personality that’s never worked in the government.”

Democratic lawmakers, too, have raced to cast doubt on Hegseth, voicing similar criticism.

“There is reason for concern that this is not a person who is a serious enough policymaker, serious enough policy implementer, to do a successful job,” Democratic Washington Rep. Adam Smith told The Associated Press.

Yet some people well versed in the national security and foreign affairs world feel differently; though Hegseth’s appointment was a surprise, it could be just what the Pentagon needs right now.

“Hegseth understands the needs of our service members and is committed to refocusing on readiness and core defense priorities, which will help address some recent challenges within the Department of Defense,” former senior Pentagon official Simone Ledeen told the DCNF.

A Princeton graduate, Hegseth joined the military in the early 2000s, serving in Cuba, Iraq and Afghanistan, and was an infantry platoon leader. He has also been active in veterans affairs, having worked for Vets for Freedom and Concerned Veterans for America in the late 2000s through the mid-2010s.

“He has personally fought in the wars that Washington has signed the nation up for, in Iraq and Afghanistan,” Murphy said. “When I look at his resume, that’s what jumps out at me … when you have been a guest of your government in our foreign interventions, I think it gives a perspective that we have not had from a secretary of defense in a long time.”

The ultimate cost for the Iraq and Afghanistan wars is estimated to be between $4 and $6 trillion, with both conflicts resulting in over 7,000 U.S. servicemember deaths and countless others wounded. Further, 13 U.S. servicemembers died during the botched Biden-Harris Afghanistan withdrawal, which initially left thousands of Americans stranded. Around $7 billion in U.S. military equipment was also left behind, ending up in the hands of the Taliban.

Hegseth joined Fox News in 2014 and has been with the network since. He was interviewed by Trump at the Mar-a-Lago resort in Florida on Tuesday and was chosen for the role on the same day, people familiar with the matter told The Wall Street Journal.

Hegseth has publicly voiced his strong belief in conservatism, especially when it comes to national security affairs.

“[Hegseth]” will be an amazing leader,” former acting Director of National Intelligence Richard Grenell wrote in a postto X on Tuesday. “He loves America and wants to protect her.”

The incoming defense secretary will inherit a number of challenges plaguing the Biden-Harris administration, including the ongoing Russia-Ukraine war and Middle East conflicts. He will also deal with the growing threat from China, which has become increasingly hostile to the U.S. and is rapidly expanding its military.

During an interview with Shawn Ryan last week, Hegseth also raised the issue of the ongoing recruiting and retention crisis in the military. Several branches of the military under the Biden administration have missed their recruiting goals in recent years, prompting the Pentagon to lower some standards to boost enlistment.

That’s an area where Hegseth is likely to fare better than Austin, Murphy told the DCNF.

“It’s going to be, I think, a tremendous boon to recruiting to have a secretary who has served,” Murphy said.

Hegseth is also likely to address a number of policies that the Biden administration and Secretary of Defense Lloyd Austin have embraced in recent years.

Austin has overseen the implementation of several left-wing initiatives at the Pentagon. For example, the military has established diversity, equity and inclusion (DEI) quotas for recruiting and retention. In another example, the DCNF previously learned that the Air Force set a “goal” to reduce the white population in a key recruiting program while setting specific targets for other races.

Austin also established a policy where the Pentagon reimburses servicemembers for travel fees if they have to go to another state to get an abortion.

Trump is already quickly filling spots in his cabinet and administration. The president-elect has selected Tulsi Gabbard to head national intelligence, Republican Rep. Matt Gaetz as attorney general, adviser Susie Wiles as White House chief of staff, Florida Rep. Mike Waltz to serve as his national security adviser, Tom Homan as “border czar,” North Dakota Gov. Kristi Noem as Department of Homeland Security secretary and John Ratcliffe as Central Intelligence Agency (CIA) director.

Republican Florida Sen. Marco was also confirmed Wednesday to be Trump’s pick for secretary of state.

Those picks are a major shift from Biden’s current officials. Hegseth will replace Austin; Wiles will take over from Jeff Zients; Waltz is set to take over from Jake Sullivan; Noem will replace Alejandro Mayorkas; Stefanik will take over from Linda Thomas-Greenfield, and Ratcliffe will fill Bill Burns’ role. Rubio is slated to replace Antony Blinken.

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President Of Country Hosting UN Climate Summit Defends Fossil Fuels, Slams Media And Green ‘Hypocrisy’

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Azerbaijani President Ilham Aliyev

From the Daily Caller News Foundation 

By Nick Pope

To accuse us that we have oil is the same like to accuse us that we have more than 250 sunny days a year in Baku.

The president of Azerbaijan, host country of this year’s U.N. climate change conference, defended fossil fuels while slamming the media and climate “hypocrisy” in a Tuesday speech at the event.

Azerbaijani President Ilham Aliyev described fossil fuels as a “gift of God,” slammed the “Western fake news” media for criticizing his country’s emissions and stated that countries like his “should not be blamed” for developing their reserves of natural resources and bringing them to the market. The U.N. conference — also known as COP29 — has attracted tens of thousands of attendees to the Azerbaijani capital Baku to discuss initiatives like so-called “climate finance” for developing countries, standards for carbon credit markets and emissions reduction commitments.

Aliyev rattled off statistics about Azerbaijan’s relatively small contributions to global oil and gas production before criticizing the media, politicians and nonprofits for maligning his country for capitalizing on its natural resources.

“I have to bring these figures to the attention of our audience, because right after Azerbaijan was elected as the host country of COP29, we became a target of a coordinated, well-orchestrated campaign of slander and blackmail,” said Aliyev. “Western fake news media and so-called independent NGOs, as if (they) were competing in spreading disinformation and false information about our country. To accuse us that we have oil is the same like to accuse us that we have more than 250 sunny days a year in Baku.”

Aliyev emphasized his view that there are many criteria by which to judge a country, but a nation’s resources and their sale are not one of them.

“I said it several months ago, and now all those who want, I mean international media, to attack me, just quote me that I said that this is a gift of God. And I want to repeat it today here at this audience, it’s a gift of God,” Aliyev said. “Every natural resource, whether it’s oil, gas, wind, sun, gold, silver, copper, all that are natural resources and countries should not be blamed for having them and should not be blamed for bringing these resources to the market because the market needs them.”

Aliyev attacked those who have criticized his country as a petro-state, though Azerbaijan’s economy is “anchored” by oil and gas, which accounted for nearly half of the nation’s GDP and 92.5% of export revenue in 2022, according to the U.S. International Trade Administration.

“Unfortunately, double standards, a habit to lecture other countries and political hypocrisy became a kind of modus operandi for some politicians, state-controlled NGOs and fake news media in some Western countries,” said Aliyev.

COP29 kicked off on Monday, and the Taliban even managed to send a delegation to the conference. The Biden administration, meanwhile, is still looking to be productive at the summit despite the looming return of President-elect Donald Trump, who has pledged to roll back climate initiatives and spending as well as withdraw from the U.N.’s Paris Climate Accords, according to The New York Times.

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