Yellen, who is planning her second trip to China as Treasury secretary, said Wednesday in Georgia that she will convey her belief to her Chinese counterparts that Beijing’s increased production of green energy also poses risks “to productivity and growth in the Chinese economy.”
U.S. Trade Representative Katherine Tai said in response to the complaint that the U.S. subsidies are a “contribution to a clean energy future” while China “continues to use unfair, non-market policies and practices to undermine fair competition.”
This almost reads like an article from The Onion
Wowwwww…
Us to underdeveloped countries: sorry bro can’t use coal anymore, the planet and all ya know. Sucks to suck friendo.
Us to developing countries starting off on a better foot than us: nooooooo not like that! What about the shareholders!?!?
Yes and the U.S. was also literally like “why should we stop burning coal, the underdeveloped countries (esp China) will still be burning coal decades after we stop, it’s not going to make a difference if we stop”.
Turns out the real driving force was actually bribery (“lobbying”) all along.