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? ⚡
