Travis Fisher, a Cato scholar who co-authored a paper on the Inflation Reduction Act, discusses the unintended consequences of energy subsidies. He argues these subsidies could stifle innovation and burden taxpayers with a potential $4.7 trillion cost by 2050. The conversation highlights the complexities of tax credits and advocates for their repeal, suggesting it could lead to more efficient free enterprise and reduced government spending. Fisher emphasizes the need for sustainable fiscal policies moving forward.