This piece originally appeared at Green Tape.
Over the last couple of weeks, we have seen Takes flying left and right about the energy provisions in Republicans’ reconciliation package – some thoughtful, some signaling, and others just plainly wrong about key details.
Given this mix, the confusion that has ensued in both the media and policy worlds is understandable. In particular, there appear to be two major areas of uncertainty: first, the workability of the energy tax credits’ “foreign entity of concern” (FEOC) rules, and second, the status of the Department of Energy’s Loan Programs Office (LPO).
The FEOC side of this deserves much more than a blog post – but as a starting point, I would direct readers to Norton Rose Fulbright’s recent podcast episode on these and related issues. I think it gives one of the clearest readouts to date.
