U.S. Treasury Secretary Janet Yellen is drawing eyebrows – and criticism – for calling out China's green energy advancements in solar power, EVs, and lithium-ion batteries. Her recent remarks labeled these innovations 'unfair' to global markets, but experts are pushing back with a history lesson.
Flashback to the '70s: Remember when Apple's first computers cost over $5,000 (adjusted for inflation)? No U.S. leaders fretted about 'disrupting global prices' back then. Fast-forward to 2024, and China's affordable green tech is facing heat for… doing the same thing?
Yellen argues that China's 'new three' industries distort competition. But critics point out the irony: Western markets once celebrated disruptive tech (hello, Silicon Valley), yet now frame China's climate solutions as threats. \"Global audiences want these products,\" says analyst Anthony Moretti, highlighting the demand for cheaper solar panels and EVs.
Why it matters: As climate stakes rise, affordable green tech could democratize sustainability. But with China leading innovation, geopolitical tensions are charging up the debate. Will the U.S. adapt or resist?
Flashback to the '70s: Remember when Apple's first computers cost over $5,000 (adjusted for inflation)? No U.S. leaders fretted about 'disrupting global prices' back then. Fast-forward to 2024, and China's affordable green tech is facing heat for… doing the same thing? 
\"Global audiences want these products,\" says analyst Anthony Moretti, highlighting the demand for cheaper solar panels and EVs.
Why it matters: As climate stakes rise, affordable green tech could democratize sustainability. But with China leading innovation, geopolitical tensions are charging up the debate. Will the U.S. adapt or resist? 
