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Published 2 months ago

Biden's regulations are costing American households up to $10,000 each: report

  • The American Action Forum projects over a trillion dollars in expenses due to 38 proposed and 63 finalized regulations by Biden's Environmental Protection Agency in 2024.
  • Despite energy efficiency gains, U.S. Utility-generated electricity demand is expected to rise by 1% annually till 2050. New Biden Administration policies aim to reshape power generation and electricity markets.
  • The regulations set by the Biden Administration may incur added costs, such as $870 billion for emission standards on vehicles and various costs for washing machines, gas furnaces, and air conditioner refrigerants.
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