Provisions that aim to prevent U.S. tax credits from going to China are written in a way that could shut off just about all clean energy credits.By Dan GearinoEver since the first draft of the “One Big Beautiful Bill Act” appeared in the House, renewable energy trade groups have been trying to make sense of language intended to stop tax credits from going to a “prohibited foreign entity.”
Observations from the Little Bunker
Last updated: August 18, 2025 04:13 PM
Atmospheric CO₂
425.4 ppm
+18.4
ppm/year
Atmospheric CH₄
1934.91 ppb
+9.11
ppb/year
Global Temperature
+1.48 °C
Peak: +1.73°C
World Population
8.1 billion
+67
million/year