Climate love
Image of Janet Yellen

Janet Yellen

Climate love

Yellen to warn China on clean energy subsidies, excess production capacity.

U.S. Treasury Secretary Janet Yellen said on Wednesday she intends to warn China about the negative effects of Beijing's subsidies for its clean energy industries, including solar panels and electric vehicles (EVs), during a visit to the country.
"I intend to talk to the Chinese when I visit about overcapacity in some of these industries, and make sure that they understand the undesirable impact that this is having - flooding the market with cheap goods - on the United States but also in many of our closest allies," Yellen told MSNBC in a live interview.

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  • Munene Mugambi

    1 w

    I'm sorry? She's getting climate love for intending to ask China to slow down on clean energy production materials and subsidizing the same? Her goal here has no interest in the climate, instead she is focused on the monetary side and sees China's huge production capacity of affordable renewable energy products as a threat to the US's hegemony in production. If anything, she should be getting a warning asking her to get her priorities right and to move her country from fossil fuels and their subsidies.

    • We Don't Have Time

      1 w

      Dear Gorffly mokua Your climate love has received over 50 agrees! We have reached out to Janet Yellen by email and requested a response. I will keep you updated on any progress! To reach more people and increase the chance of a response, click the Share button above to share the review on your social accounts. For every new member that joins We Don't Have Time from your network, we will plant a tree and attribute it to you! /Adam, We Don't Have Time

      • winnie nguru

        2 w

        Good but let them focus on the real issue here.

        • Rukia Ahmed Abdi

          2 w

          I think Yellen is wrong in Warning China in subsidizing clean energy, instead should promote more subsidies to clean energy and reduce/remove subsidies for fossil fuels

          • Jane Wangui

            2 w

            Subsidies on fossil fuels should not be encouraged...the subsidies should be moved towards renewable energy so as to reduce the pollution.

            • George Kariuki

              2 w

              This conversation is essential for fostering a level playing field and advancing climate goals worldwide. 🌱💪 Let's hope this dialogue leads to meaningful actions that support a more equitable and sustainable future for all.

              • Andy Kadir-Buxton

                2 w

                We are in a climate crisis and must sort it as fast as possible. The US can compete by subsidising renewables instead of fossils.

                • Markus Lutteman

                  2 w

                  I don’t fully agree with this. I believe Mrs Yellen should focus instead on the enormous fossil fuel sudsidies that the US (and the rest of the world) hands out to the oil, coal and gas companies. Those subsidies has twisted the market for decades, to the benefit of dirty, planet-heating energy. This the main reason why the US is falling behind in the clean energy race.

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