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Janet Yellen to China: Stop Subsidizing Green Energy

No this is not a parody.

Chinese officials must have been rolling over with laughter when Treasury Secretary Yellen made it clear the U.S. is fed up with the Chinese subsidizing far more electric vehicles, batteries, and solar panels than markets can absorb, driving prices lower.

We hate to take the side of the Chinese. But, come on man. The Biden administration is pumping nearly $2 trillion in taxpayer subsidies into clean energy infrastructure.

Maybe we should get our own affairs in order before we lecture other countries about the virtues of free trade and free markets.

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