A new investigation by POLITICO and the nonprofit journalism group SourceMaterial reveals that Russian President Vladimir Putin is dispatching a so-called shadow fleet across the world. It’s a collection of covert ships defying Western sanctions and spreading environmental harm without consequences. POLITICO’s Victor Jack breaks down the origins of Putin's shadow fleet and how it’s spilling oil all over the world. Plus, the Biden administration finalized a long-awaited rule for a new tax credit under Democrats’ climate law. Victor Jack is a reporter covering energy for POLITICO. Josh Siegel is an energy reporter for POLITICO.  Nirmal Mulaikal is a POLITICO audio host-producer.  Annie Rees is the managing producer for audio at POLITICO. Gloria Gonzalez is the deputy energy editor for POLITICO.  Matt Daily is the energy editor for POLITICO. For more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switch And for even deeper coverage and analysis, read our Morning Energy newsletter by subscribing to POLITICO Pro: https://subscriber.politicopro.com/newsletter-archive/morning-energy Learn more about your ad choices. Visit megaphone.fm/adchoices