Institute for Energy Research: Biden Uses War Powers to Manufacture More Electric Heat Pumps
November 22, 2023
November 22, 2023
WASHINGTON, Nov. 22 -- The Institute for Energy Research issued the following agency statement on Nov. 21, 2023:
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Key Takeaways
1 President Biden has invoked the Defense Production Act to justify subsidizing the manufacture of electric heat pumps, despite electric heating technologies costing more to install and run than natural gas heat.
2 The Energy Information Administration projects this winter's heating bills to average $601 for . . .
* * *
Key Takeaways
1 President Biden has invoked the Defense Production Act to justify subsidizing the manufacture of electric heat pumps, despite electric heating technologies costing more to install and run than natural gas heat.
2 The Energy Information Administration projects this winter's heating bills to average $601 for . . .