EPISODE · Aug 15, 2022 · 46 MIN
The Inflation Reduction Act Won't Reduce Inflation nor Impact Climate Change (Guest: Marlo Lewis)
from Environment and Climate News Podcast · host Heartland Institute
The Competitive Enterprise Institute’s Senior Fellow Marlo Lewis joins host Sterling Burnett on today’s episode of Environment & Climate News. Lewis explains why the Democrats’ misleadingly named Inflation Reduction Act will likely add to inflation whilst doing nothing to prevent climate change. The main impact of the energy provisions within will be increased energy costs for Americans.Fossil fuels are the mainstay of U.S. and global economies. The Inflation Reduction Act aims to make coal, oil, and gas production costlier while providing subsidies for less effective, more expensive, green energy sources. Politically connected billionaires will benefit from the hardships imposed on business and households through rising energy prices, further enriching themselves in the process. In The Tank broadcasts LIVE every Thursday at 12pm CT on on The Heartland Institute YouTube channel. Tune in to have your comments addressed live by the In The Tank Crew. Be sure to subscribe and never miss an episode. See you there!Climate Change Roundtable is LIVE every Friday at 12pm CT on The Heartland Institute YouTube channel. Have a topic you want addressed? Join the live show and leave a comment for our panelists and we'll cover it during the live show!
What this episode covers
The Competitive Enterprise Institute’s Senior Fellow Marlo Lewis joins host Sterling Burnett on today’s episode of Environment & Climate News. Lewis explains why the Democrats’ misleadingly named Inflation Reduction Act will likely add to inflation whilst doing nothing to prevent climate change. The main impact of the energy provisions within will be increased energy costs for Americans. Fossil fuels are the mainstay of U.S. and global economies. The Inflation Reduction Act aims to make coal, oil, and gas production costlier while providing subsidies for less effective, more expensive, green energy sources. Politically connected billionaires will benefit from the hardships imposed on business and households through rising energy prices, further enriching themselves in the process.
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The Inflation Reduction Act Won't Reduce Inflation nor Impact Climate Change (Guest: Marlo Lewis)
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