Posted 4/8/2024, 4:58:14 PM
Yellen Seeks Level Playing Field for US Clean Energy Firms vs Heavily-Subsidized Chinese Exports
- Yellen concerned about flood of cheap Chinese clean energy exports wiping out US firms
- Chinese firms supported by govt subsidies even when losing money
- Seeks protection for US companies to benefit from clean energy shift
- US looking to build domestic clean energy supply chain as national security issue
- Yellen and China agree to continue intensive talks; tariffs not ruled out to level playing field