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Showing page 161 of 295.
Alex Epstein @AlexEpstein
The IRA’s alleged attempt at a domestic “green” industry involves keeping/worsening the anti-development policies that make us increasingly uncompetitive at mining + manufacturing, while imposing endless subsidies and controls favoring unreliable solar/wind. China isn’t scared. — PolitiTweet.org
Alex Epstein @AlexEpstein
By harming US oil and gas through new taxes and especially through new powers for the EPA to restrict oil and gas, the IRA is emulating the now-obviously-insane policies of European countries who gutted their domestic fossil fuel production only to be at Russia’s mercy. — PolitiTweet.org
Alex Epstein @AlexEpstein
Myth 7: The IRA will increase US energy security The IRA will decrease our energy security because it 1) harms US oil and gas, which will be crucial indefinitely. 2) creates a subsidized/controlled “green” pseudo-industry that will not overcome the China-controlled supply chain. — PolitiTweet.org
Alex Epstein @AlexEpstein
As long as anti-development industrial/environmental policies dominate the US, we will become a worse and worse place for heavy industries such as mining and manufacturing. By adding new subsidies and controls on top of anti-development policies the IRA will make things worse. — PolitiTweet.org
Alex Epstein @AlexEpstein
Myth 6: The IRA will onshore mining and manufacturing that are crucial for energy. Truth: The IRA doesn’t fix the reason we’re declining as a mining and manufacturing power: anti-development policies. In fact it *increases* such policies under the “environmental justice” banner. — PolitiTweet.org
Alex Epstein @AlexEpstein
World-leading industries come from freedom, including competition, not by bureaucrats dictating outcomes. Case in point: the world-leading US shale energy industry is a world-leading industry because free people were free to pursue the fuels and technologies they judged best. — PolitiTweet.org
Alex Epstein @AlexEpstein
Myth 5: The IRA will create a dynamic, world-leading “clean energy” industry in America. Truth: The IRA’s endless subsidies + controls favoring unreliable solar/wind will at best create an expensive, protectionist, parasitical industry that is anything but globally competitive. — PolitiTweet.org
Alex Epstein @AlexEpstein
Myth 4: The IRA won’t harm electricity reliability. Truth: The IRA worsens 3 major factors already causing a reliability crisis. 1. Rewarding unreliable power 2. Prematurely shutting down coal plants 3. Forcing EV use on an already-inadequate grid It’s a reliability nightmare. — PolitiTweet.org
Alex Epstein @AlexEpstein
In practice, almost all the IRA’s “clean energy” subsidies will still go to solar/wind, not nuclear. But by nominally including nuclear, the IRA got away scot-free with extending supposedly “temporary” subsidies *indefinitely*—until GHG emissions go down 75%, which means decades. — PolitiTweet.org
Alex Epstein @AlexEpstein
The IRA does nothing to decriminalize nuclear. Instead, it adds nuclear to traditionally solar/wind subsidies. At best this will prevent some plants from shutting down—but that could be far better achieved by eliminating the solar/wind subsidies that drive nuclear closures. — PolitiTweet.org
Alex Epstein @AlexEpstein
The key variable holding back nuclear is its near-criminalization by the government, which makes it nearly impossible to build new nuclear power plants. Since the advent of the Nuclear Regulatory Commission not *one new plant* has been approved from conception to completion. — PolitiTweet.org
Alex Epstein @AlexEpstein
The IRA won over many advocates of reliable electricity by including nuclear under the “ITC” and “PTC” subsidies traditionally reserved for solar and wind. Many imagined that the IRA would help usher in the nuclear renaissance that so many of us want. It won’t do this at all. — PolitiTweet.org
Alex Epstein @AlexEpstein
Myth 3: The IRA is pro-nuclear Truth: The IRA pretends to be pro-nuclear by including nuclear under “clean energy” subsidies. But since nuclear overregulation makes new plants cost-prohibitive, the IRA’s endless “clean energy” subsidies are just an endless trough for solar/wind. — PolitiTweet.org
Alex Epstein @AlexEpstein
The bizarre claim that a law with new fossil fuel taxes and new EPA anti-fossil-fuel powers doesn’t harm fossil fuel production is simply an attempt by politicians, most notably WV’s Joe Manchin, to not alienate fossil fuel supporters. But FF supporters should be alienated. — PolitiTweet.org
Alex Epstein @AlexEpstein
Myth 2: The IRA does not harm fossil fuel production during an energy crisis Truth: The IRA, via its new, cost-adding taxes on fossil fuels and especially via its authorization of the EPA to take drastic action against fossil fuels, will absolutely harm our fossil fuel industry. — PolitiTweet.org
Alex Epstein @AlexEpstein
All claims that the IRA will lower energy costs simply deny the obvious cost increases from: * Policies that coerce us into using costly, unreliable “green” options * Policies that increase fossil fuel costs * More power for energy-obstructing bureaucrats and activists. — PolitiTweet.org
Alex Epstein @AlexEpstein
The IRA also gives anti-fossil-fuel bureaucrats/activists a new level of destructive power via $10s of billions for anti-FF “environmental justice” causes. According to a WH-commissioned EJ report we must “sunset investment by 2030 in fossil fuels, plastics…and nuclear energy”! — PolitiTweet.org
Alex Epstein @AlexEpstein
The IRA gives anti-fossil-fuel bureaucrats/activists a new level of destructive power via language authorizing the EPA to restrict any activity that emits CO2–which means anything the administration wants—under Section 115 of the Clean Air Act. — PolitiTweet.org
Alex Epstein @AlexEpstein
Not only does the IRA make energy more expensive by restricting fossil fuels directly, it does much more damage *indirectly* by giving much more money/power to anti-fossil-fuel bureaucrats and activists—who will eagerly restrict fossil fuel investment, production, and transport. — PolitiTweet.org
Alex Epstein @AlexEpstein
The IRA adds numerous taxes and restrictions on fossil fuels that will increase the cost of producing them. These include new or higher taxes on crude oil, on natural gas, on drilling on federal lands—all during an energy crisis where fossil fuels are desperately needed. — PolitiTweet.org
Alex Epstein @AlexEpstein
At the same time the IRA is promoting the shutdown of reliable electricity generation, it is—insanely—promoting far more use of electric cars via subsidies. California recently previewed the IRA by telling citizens there wasn’t enough power for EVs even at 3% market penetration. https://t.co/BjUc25ZdFt — PolitiTweet.org
Alex Epstein @AlexEpstein
The IRA coerces grids and consumers into using costly, unreliable solar/wind electricity that they wouldn’t otherwise choose because it’s too expensive. E.g., it *indefinitely* extends costly subsidies for unreliable solar/wind that defund and shut down reliable gas/coal plants. — PolitiTweet.org
Alex Epstein @AlexEpstein
Myth 1: The IRA will lower the cost of energy Truth: The IRA will rapidly raise the cost of energy via * Policies that coerce us into using costly, unreliable “green” options * Policies that increase fossil fuel costs * More power for energy-obstructing bureaucrats and activists — PolitiTweet.org
Alex Epstein @AlexEpstein
12 myths about the terrible “Inflation Reduction Act,” refuted The IRA is one of the worst energy policies in American history. Its supporters are trying to hide this by spreading myth after myth about it being beneficial. Here’s how to answer them 🧵👇 — PolitiTweet.org
Alex Epstein @AlexEpstein
#FossilFuture https://t.co/fl735JAy3B — PolitiTweet.org
Alex Epstein @AlexEpstein
@GhostPanther Hi Adam can I send you a copy of Fossil Future? You might find it more convincing than you expect… If so DM me what address to send it to. — PolitiTweet.org
Alex Epstein @AlexEpstein
"Rainfall with an acidity level of vinegar... has been reported in widely separated areas of the earth in recent years. And the trend toward more acidic rain has been accelerating in [large parts of North America, Europe, Asia]" -@nytimes, 1979 #Catastrophizing https://t.co/PiUQ8pCr3O — PolitiTweet.org
Alex Epstein @AlexEpstein
Get #FossilFuture: https://t.co/KvYDUsAy35 Watch @TuckerCarlson's hourlong interview of me on Tucker Carlson Today on https://t.co/6o7JyCsJ7U. — PolitiTweet.org
Alex Epstein @AlexEpstein
“we're taught to think of the planet, especially the climate, as this wonderful place. I call this the delicate nurturer dogma, the idea that Earth, if we don't impact it, is a nice place… nobody who lives in nature could possibly have this view of Earth.” With @TuckerCarlson https://t.co/A0DGhFRPgM — PolitiTweet.org
Alex Epstein @AlexEpstein
“This book is for every thinking human who is open and honest about ideas. Thank you Alex for a terrific book that has really changed how I think about this issue.” Get Fossil Future here: https://t.co/KvYDUsA0dx https://t.co/rkBWpE0F5v — PolitiTweet.org
