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
the most progressive administration in the history of the united states everybody...
What's fucked up is that might still be true and that just speaks volumes about how absurd we are. :(
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.
unfair trade barriers
Did they forget what globalization means? Globalization means that other countries open their economy completely to U.S. companies while the U.S. grants import quotas (at best) for other countries (as long as they behave nice).
And what does this actually mean:
“I will press my Chinese counterparts to take necessary steps to address this issue.”
"Let me win again Mom said it's my turn to win again."
