U.S. Treasury's Yellen to meet French, German officials on green subsidies -Treasury

U.S. Treasury Secretary Janet Yellen will meet with German and French officials this week as part of Washington's ongoing engagement on the Inflation Reduction Act and the European Union's Green Deal Industrial Plan, a Treasury official said. Habeck on Monday said he was optimistic a dispute over $369 billion in U.S. green subsidies could be resolved soon.


Reuters | Washington DC | Updated: 07-02-2023 00:03 IST | Created: 06-02-2023 23:58 IST
U.S. Treasury's Yellen to meet French, German officials on green subsidies -Treasury
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U.S. Treasury Secretary Janet Yellen will meet with German and French officials this week as part of Washington's ongoing engagement on the Inflation Reduction Act and the European Union's Green Deal Industrial Plan, a Treasury official said. "We look forward to working with our European allies on accelerating investments in green technologies. The U.S. is committed to partnering with counterparts in Europe and globally on building resilient clean energy supply chains," the official said.

Yellen is slated to meet with German Economy Minister Robert Habeck and French Finance Minister Bruno Le Maire on Tuesday. Habeck on Monday said he was optimistic a dispute over $369 billion in U.S. green subsidies could be resolved soon.

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