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US publishes interim tax credit rules meant to restrict China clean energy influence

  February 12, 2026 1 Feb 12   (Reuters) - The U.S. Treasury Department on Thursday ‌unveiled interim rules for ‌enforcing provisions in President Donald Trump's ​ new tax law that restrict companies from claiming federal clean energy subsidies if they ‌are overly   ⁠ reliant on Chinese-made goods.   The guidance, which applies   ⁠ to lucrative tax credits for clean energy manufacturing and   ​ electricity generation,   ​ has ​ been eagerly awaited ‌by solar and wind project developers and factory owners since passage of Trump's One Big Beautiful Bill Act ‌last July.   The Treasury's   ​ Internal Revenue Service   ​ said the   ​ interim rules can ‌be relied on until   ​ it ​ proposes formal regulations. It is seeking public comments for ​ 45 ‌days for future guidance   US publishes interim tax credit rules meant to restrict China clean energy influence     This from Microsoft CoPilot:   🏛️   What Treas...

Renewable Blackouts?

  By  Andrew Stuttaford February 13, 2026 Last year, Spain, Portugal, and a small part of France suffered a massive power failure. Jim Geraghty wrote about it  here  and  here . Geraghty: Authorities in [Spain and Portugal] say they still don’t know why the power failed , which is A) not reassuring and B) going to spur suspicious minds to conclude that authorities secretly  do  know why the power failed but don’t want to tell them. Those immediate insistent arguments that the blackout had nothing to do with reliance on renewable energy certainly seem to be driven more by political and reputation concerns than a thorough examination of the evidence. I wrote about this mysterious failure too  here , where I noted this: one central issue, as so often in this context, is intermittency (the sun doesn’t always shine, the wind doesn’t always blow) and how that is compatible (or not) with running a reliable grid. [Bloomberg’s Javier] Blas quotes from a co...

Lawfare Is the Climate Warriors’ Best Friend

  Some three dozen lawsuits are in the American legal system, with more to come. W hether  because of genuine terror of a climate apocalypse or a sharp appreciation of the political opportunity presented by such fears, there is an unmistakable authoritarian tendency within climatism or those who hope to benefit from it. So, in 2010, for instance,  James Lovelock , a man who did not hide what he thought (he  later   walked  back his climate alarmism),  wrote  in  The Guardian : Even the best democracies agree that when a major war approaches, democracy must be put on hold for the time being. I have a feeling that climate change may be an issue as severe as a war. It may be necessary to put democracy on hold for a while. Under the circumstances,  the   fondnes s  of   some  greens  for  “citizens’ assemblies” that would supplement (not,  of course , replace) existing legislatures, especially (but not sole...

Trump’s Climate Liberation Act

  The Environmental Protection Agency on Thursday at long last repealed  Barack Obama ’s so-called endangerment finding that declared greenhouse gas emissions a threat to public health and safety. Cue the apocalyptic warnings unhinged from reality. What progressives really fear is that they won’t be able to dictate the energy supplies, cars and appliances that Americans can buy. Progressives recognize the importance of Thursday’s news. A  New York Times  headline says “Trump Allies Near ‘Total Victory’ in Wiping Out U.S. Climate Regulation.” That could be true if the Administration prevails against the inevitable legal challenges. As a refresher, in 2007 a 5-4 majority of the Supreme Court ruled in  Massachusetts v. EPA  that greenhouse gases qualify as pollutants under the Clean Air Act. The law requires the EPA to regulate pollutants if it determines they can “reasonably be anticipated to endanger public health or welfare.”  Thus arose the Obama...