Energy
Unleashing American Energy: America’s Silver Bullet
Energy Talking Points by Alex Epstein
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It’s said that in politics there’s no silver bullet that’ll make everything better.
But we do have 1 silver bullet in the chamber: the opportunity to unleash American energy, which Donald Trump has rightly vowed to do.
- The single most important thing government can do to make our lives better—something that will lead to a better economy, a lower cost of living, more job opportunities, a lower deficit, greater security, and a better environment—is unleash abundant, affordable, American energy.
- If we unleash abundant, affordable, American oil, natural gas, and coal production from the anti-energy policies holding it back, we can go from crippling inflation—substantially driven by energy costs—to affordable food, housing, transportation, and heating bills.
- Unleashing American energy will take us from nationwide electricity shortages to affordable, reliable power for all—and from losing good job opportunities to China, which we’ve allowed to outcompete us on energy costs, to creating millions of new well-paying jobs here at home.
- Unleashing American energy will take us from begging OPEC+ for oil, depending on Russia for uranium, and being at China’s mercy for critical minerals, to producing an abundant and secure supply of these crucial commodities at home.
- Many Americans are hesitant to embrace policies that unleash abundant, affordable energy because they think it will harm environmental progress—progress in air and water quality, safety from climate, and enjoyment of nature. Nothing could be further from the truth.
- Environmental progress isn’t in conflict with abundant, affordable energy; it requires abundant, affordable energy—to afford pollution controls, to clean up natural environmental hazards, and to protect ourselves from the always-dynamic and dangerous climate.
- Thanks to abundant, affordable energy, America has been wealthy enough to innovate and adopt pollution controls that make our air far cleaner—which is why America was able to increase its fossil fuel use 25% since 1970 while reducing air pollution 78%.¹
- Thanks to abundant, affordable energy, America has been able to clean up natural environmental hazards such as undrinkable water, which requires affordable, reliable energy to purify, or mosquito-infested swamps, which require abundant, affordable energy to drain.
- Thanks to abundant, affordable energy, we can protect ourselves from the always-dangerous climate by powering heating and A/C systems, storm warning and evacuation systems, and irrigation systems; witness the 98% drop in climate-related disaster deaths over the last century.²
- Thanks to abundant, affordable energy we have the wealth we need to enjoy and preserve the most valuable and beautiful parts of nature—which is why America is able to be both the world’s economic superpower and a place of unsurpassed access to the great outdoors.
- The key to supporting America’s energy abundance and environmental progress is maintaining steadfast support of individual and economic freedom, including the protection of property rights.
- Property rights allow our energy companies to produce and innovate as they judge best. The shale revolution happened here because we alone protect underground property rights. Producers used this freedom to figure out how to extract abundant oil and gas from once-useless rocks.
- Property rights allow us to care for our environment on our own property—and people tend to care best for what they own. And property rights are the basis for laws protecting our air and water from dangerous levels of pollution.
- America has shown time and again that pro-freedom energy and environmental policies drive energy and environmental progress. And we can do it again, if we reverse the anti-freedom policies of the past several decades and embrace the following “energy freedom” policies.
- To aid America in unleashing American energy, I’ve created the Energy Freedom Plan—a comprehensive plan that includes hundreds of high-leverage policy changes for every aspect of energy, from drilling to pipelines to electricity to nuclear to rare earth elements.
- The Energy Freedom Plan is based on 5 game-changing goals:
- Unleash responsible development
- End preferences for unreliable electricity
- Set environmental standards using cost-benefit analysis
- Address climate danger through resilience and innovation
- Unleash nuclear energy
- Unleash responsible development
Anti-development policies prevent the drilling, mining, transporting, and building all energy needs to reach its potential—from natural gas to nuclear to solar.
Liberating responsible development will create unprecedented US energy abundance.
- End preferences for unreliable electricity
Our grid is being ruined by systemic preferences for unreliable electricity, which cause prices to rise and reliability to decline.
Ending these preferences and prioritizing reliability is needed to make power cheap and reliable again.
- Set environmental standards using cost-benefit analysis
The EPA harms prosperity and health via emissions standards that impose huge costs for little or no benefit.
Real cost-benefit analysis, including objective health science will promote prosperity and environmental quality.
- Address climate danger through resilience and innovation, not punishing America
“Climate policy”” that singles out US emissions makes us poorer and less resilient while global emissions go up.
Becoming more resilient and unleashing innovation are the keys to climate safety.
- Unleash nuclear energy from pseudo-scientific restrictions
The strangulation of nuclear has made it 10 times more expensive than it needs to be.
Unleashing nuclear, including getting rid of pseudoscientific policies like LNT and ALARA, will make possible a nuclear renaissance.
- This week I will be releasing the FULL Energy Freedom Plan, including over 100 SPECIFIC game-changing policies that can unleash American energy like never before.
To make sure you see the whole plan, follow me @AlexEpstein and especially subscribe to alexepstein.substack.com.
Questions about this article? Ask AlexAI, my chatbot for energy and climate answers:
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For every million people on earth, annual deaths from climate-related causes (extreme temperature, drought, flood, storms, wildfires) declined 98%–from an average of 247 per year during the 1920s to 2.5 per year during the 2010s.
Data on disaster deaths come from EM-DAT, CRED / UCLouvain, Brussels, Belgium – www.emdat.be (D. Guha-Sapir).
Population estimates for the 1920s from the Maddison Database 2010, the Groningen Growth and Development Centre, Faculty of Economics and Business at University of Groningen. For years not shown, population is assumed to have grown at a steady rate.
Population estimates for the 2010s come from World Bank Data.
From the Fraser Institute
Two recent events exemplify the fundamental irrationality that is Canada’s electric vehicle (EV) policy.
First, the Carney government re-committed to Justin Trudeau’s EV transition mandate that by 2035 all (that’s 100 per cent) of new car sales in Canada consist of “zero emission vehicles” including battery EVs, plug-in hybrid EVs and fuel-cell powered vehicles (which are virtually non-existent in today’s market). This policy has been a foolish idea since inception. The mass of car-buyers in Canada showed little desire to buy them in 2022, when the government announced the plan, and they still don’t want them.
Second, President Trump’s “Big Beautiful” budget bill has slashed taxpayer subsidies for buying new and used EVs, ended federal support for EV charging stations, and limited the ability of states to use fuel standards to force EVs onto the sales lot. Of course, Canada should not craft policy to simply match U.S. policy, but in light of policy changes south of the border Canadian policymakers would be wise to give their own EV policies a rethink.
And in this case, a rethink—that is, scrapping Ottawa’s mandate—would only benefit most Canadians. Indeed, most Canadians disapprove of the mandate; most do not want to buy EVs; most can’t afford to buy EVs (which are more expensive than traditional internal combustion vehicles and more expensive to insure and repair); and if they do manage to swing the cost of an EV, most will likely find it difficult to find public charging stations.
Also, consider this. Globally, the mining sector likely lacks the ability to keep up with the supply of metals needed to produce EVs and satisfy government mandates like we have in Canada, potentially further driving up production costs and ultimately sticker prices.
Finally, if you’re worried about losing the climate and environmental benefits of an EV transition, you should, well, not worry that much. The benefits of vehicle electrification for climate/environmental risk reduction have been oversold. In some circumstances EVs can help reduce GHG emissions—in others, they can make them worse. It depends on the fuel used to generate electricity used to charge them. And EVs have environmental negatives of their own—their fancy tires cause a lot of fine particulate pollution, one of the more harmful types of air pollution that can affect our health. And when they burst into flames (which they do with disturbing regularity) they spew toxic metals and plastics into the air with abandon.
So, to sum up in point form. Prime Minister Carney’s government has re-upped its commitment to the Trudeau-era 2035 EV mandate even while Canadians have shown for years that most don’t want to buy them. EVs don’t provide meaningful environmental benefits. They represent the worst of public policy (picking winning or losing technologies in mass markets). They are unjust (tax-robbing people who can’t afford them to subsidize those who can). And taxpayer-funded “investments” in EVs and EV-battery technology will likely be wasted in light of the diminishing U.S. market for Canadian EV tech.
If ever there was a policy so justifiably axed on its failed merits, it’s Ottawa’s EV mandate. Hopefully, the pragmatists we’ve heard much about since Carney’s election victory will acknowledge EV reality.
Kenneth P. Green
Senior Fellow, Fraser Institute
From the Daily Caller News Foundation
By Audrey Streb
President Donald Trump issued an executive order calling for the end of green energy subsidies by strengthening provisions in the One Big Beautiful Bill Act on Monday night, citing national security concerns and unnecessary costs to taxpayers.
The order argues that a heavy reliance on green energy subsidies compromise the reliability of the power grid and undermines energy independence. Trump called for the U.S. to “rapidly eliminate” federal green energy subsidies and to “build upon and strengthen” the repeal of wind and solar tax credits remaining in the reconciliation law in the order, directing the Treasury Department to enforce the phase-out of tax credits.
“For too long, the Federal Government has forced American taxpayers to subsidize expensive and unreliable energy sources like wind and solar,” the order states. “Reliance on so-called ‘green’ subsidies threatens national security by making the United States dependent on supply chains controlled by foreign adversaries.”
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Former President Joe Biden established massive green energy subsidies under his signature 2022 Inflation Reduction Act (IRA), which did not receive a single Republican vote.
The reconciliation package did not immediately terminate Biden-era federal subsidies for green energy technology, phasing them out over time instead, though some policy experts argued that drawn-out timelines could lead to an indefinite continuation of subsidies. Trump’s executive order alludes to potential loopholes in the bill, calling for a review by Secretary of the Treasury Scott Bessent to ensure that green energy projects that have a “beginning of construction” tax credit deadline are not “circumvented.”
Additionally, the executive order directs the U.S. to end taxpayer support for green energy supply chains that are controlled by foreign adversaries, alluding to China’s supply chain dominance for solar and wind. Trump also specifically highlighted costs to taxpayers, market distortions and environmental impacts of subsidized green energy development in explaining the policy.
Ahead of the reconciliation bill becoming law, Trump told Republicans that “we’ve got all the cards, and we are going to use them.” Several House Republicans noted that the president said he would use executive authority to enhance the bill and strictly enforce phase-outs, which helped persuade some conservatives to back the bill.
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