“To really make progress on climate we need both public investment and private investments and things like charging stations, and an electrical grid that’s capable of handling renewable energy sources appropriately. These core investments are critical in order to provide the infrastructure, the public infrastructure to support private investments incentives,” she said.
“We’re expecting a rapid recovery. I’m hopeful, we’ll be back to full employment next year. And once we are, we’re going to turn to a longer-term agenda of investment: investment in infrastructure, in R&D, in people,” Yellen said. “But globally, I think that what we’re doing domestically is helpful to the entire global community, stronger growth in the U.S. is going to spill over positively, to the entire global outlook.
In a speech Monday to the Chicago Council on Global Affairs, Yellen said Treasury will work to “promote the flow of capital toward climate-aligned investments and away from carbon-intensive investments USO, +1.04%. ” “Our plan identifies key priorities for action, with a focus on both adaptation and mitigation. It also includes a strong focus on a just transition from coal, and we’re working toward aligning our financial flows with the objectives of the Paris agreement,” he said.
What
SecYellen if you really mean this stop politicizing ESG and push for clean energy ETFs and funds to have the same tax treatment as qualified work opportunity zone funds.
Thanks marketwatch 🆘 soslimited 🚀🚀🚀
Hmmm. Buy solar stocks, ETFs and/or funds.