Connect with us
[bsa_pro_ad_space id=12]

Daily Caller

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

Published

2 weeks ago

6 minute read

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.

 

Related Topics:

Todayville is a digital media and technology company. We profile unique stories and events in our community. Register and promote your community event for free.

Follow Author

More from this author
Alberta / 1 hour ago

Alberta government announces review of Trudeau’s euthanasia regime

Censorship Industrial Complex / 1 hour ago

Congressional investigation into authors of ‘Disinformation Dozen’ intensifies

Bruce Dowbiggin / 5 hours ago

The Pathetic, Predictable Demise of Echo Journalism

Daily Caller

Los Angeles Passes ‘Sanctuary City’ Ordinance In Wake Of Trump’s Deportation Plan

Published on November 20, 2024

By

From the Daily Caller News Foundation 

By Jason Hopkins

The Los Angeles City Council approved an ordinance Tuesday designating the city as a “sanctuary city” following President-elect Donald Trump’s mass deportation plan.

This measure prevents the use of local resources for immigration enforcement and prohibits city agencies from sharing information about undocumented residents with federal immigration authorities, according to The Associated Press. The council voted unanimously, aligning Los Angeles with numerous cities across the U.S. that have adopted similar policies.

The ordinance will undergo a second council vote for procedural reasons as Mayor Karen Bass, who has expressed support for the initiative, holds veto power but is unlikely to use it, AP reported. Councilmember Hugo Soto-Martinez pointed out the city’s firm stance against cooperating with Immigration and Customs Enforcement (ICE).

“We’re going to send a very clear message that the city of Los Angeles will not cooperate with ICE in any way,” Soto-Martinez said. “We want people to feel protected and be able to have faith in their government and that women can report domestic violence crimes.”

Soto-Martinez also noted that many immigrants without legal status are integral to the community, working in roles such as housekeepers, nannies, and cooks, AP reported. While the ordinance highlights the city’s values, critics argue that Los Angeles already refrains from cooperating with federal immigration agencies, suggesting the policy may not bring significant operational changes.

Trump announced that former acting ICE Director Tom Homan will take on the role of border czar in his upcoming administration. Homan will oversee border operations, including deportations, security at land and sea entry points, and aviation safety measures.

Trump revealed Monday that he plans to declare a national emergency and deploy military resources to execute his mass deportation agenda. He confirmed reports from Judicial Watch’s Tom Fitton, who claimed the administration is ready to use emergency powers to address what he called the “Biden invasion.”

Continue Reading

Daily Caller

“I know three families that have gone to Canada.”: Locals Say Haitians Are Hoofing It Out Of Springfield After Trump Win

Published on November 18, 2024

By

From the Daily Caller News Foundation 

By Jason Hopkins

‘They Are Afraid’

Haitians living in Springfield, Ohio appear to be fleeing the city in droves after President-elect Donald Trump was declared the winner of the election, according to reports from locals.

The national spotlight shined on Springfield, a city of roughly 60,000 residents nestled in central Ohio, for weeks following unverified viral online claims that Haitians migrants had been spotted butchering a pet for consumption. The subsequent uproar about Springfield sparked further media debate about mass migration and its consequences, as Springfield has been dealing with an influx of Haitian migrants in a relatively short amount of time.

“The traffic situation seems to be better now,” longtime resident Barron Seelig said to the Daily Caller News Foundation, referring to widespread accounts from city residents in past months that Haitian drivers are causing mayhem on the roads.

While Seelig did speak about local rumors of impending Immigration and Customs Enforcement (ICE) raids possibly scaring Haitians away, he also mentioned recent crackdowns by highway patrol officers and added that some migrants are leaving because they don’t enjoy the Ohio winters. Another Springfield local told the DCNF that he heard it was virtually impossible to rent a U-Haul truck because so many Haitians are currently renting them — presumably to leave town.

Those who provide services to immigrant services in the city have also said that Trump’s election victory has prompted Haitians to flee en masse.

“Some folks don’t have credit cards or access to the internet, and they want to buy a bus ticket or a plane ticket, so we help them book a flight,” Margery Koveleski, who helps Haitian migrants manage government bureaucracy, told The Guardian. “People are leaving.”

“People are fully aware of the election result, and that is why they are leaving; they are afraid of a mass deportation” Jason Payen, a co-founder of the Haitian Community Alliance, said to the Guardian.

“Several of my customers have left. One guy with his family went to New Jersey; others have gone to Boston,” Payen continued. “I know three families that have gone to Canada.”

Trump, for his part, has vowed to embark on a border enforcement agenda that will apply to the entire country.

During the campaign, Trump pledged to continue building the U.S.-Mexico border wall, revive the Remain in Mexico program, hire more border patrol agents and conduct the “largest deportation program in American history,” and end birthright citizenship for those born on U.S. soil to illegal migrant parents.

Trump said in October that he would revoke Temporary Protected Status (TPS) for Haitian nationals and “bring them back” to the country. The Biden-Harris administration has provided TPS — which temporarily gives deportation protections to its designees — to hundreds of thousands of Haitian nationals currently living in the U.S.

Continue Reading

Trending

X