US Treasury Secretary Janet Yellen has raised concerns about China's rapid expansion in the green energy sector, stating that it distorts global prices and could lead to an oversupply of solar panels, electric vehicles, and batteries in the international market. Yellen plans to address what she deems as 'unfair' clean energy subsidies provided by China, highlighting the impact on workers globally.
US Treasury Secretary Janet Yellen will press China about its industrial capacity ramp-up which she says is distorting the global economy https://t.co/6ww6GjEkaD
EpochTV: Treasury Secretary Yellen Warns About China’s Cheap Green Energy Exports https://t.co/MuEfGQU0xV #CCP
Yellen Plans To Confront China For ‘Unfair’ Clean Energy Subsidies https://t.co/iOWbfqxRLR
US Treasury Secretary Janet Yellen complains Chinese companies are producing too many batteries, solar panels and electric cars Details: https://t.co/b5PEzTz4TH https://t.co/JvCYu147bS
But isn't this a good thing for the environment? Yellen warns China's surplus of solar panels, EVs could be dumped on global markets https://t.co/th7VW4M7ft
Janet Yellen says China’s giant EV push "distorts global prices" and hurts workers around the world. https://t.co/Fl7FpYMgAg
Yellen says China's rapid buildout of its green energy industry 'distorts global prices' https://t.co/p6BOuzL8Nv