No, it protects fossil fuel energy companies from having to retool and change.

It does that too, but it would be unbalanced to not also recognize it protects green energy companies in America from Chinese competition.

Not only does Chinese competition get blocked, but governments are incentivizing green energy. For instance, just recently it was reported that Tesla’s $10B solar factory could get 35 years of tax breaks in Texas (Oil Capital!!!)

https://electrek.co/2026/10/23/tesla-solar-factory-texas-35-...

Sorry, which country in the world burns the most coal? https://worldpopulationreview.com/country-rankings/coal-cons...

Honestly, it's not even doing that. Thing that would really push the US ahead would be the tax breaks we had until a couple years ago.