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US Secretary Of The Treasury Janet L. Yellen's Remarks To the Institute Of International Finance

US Secretary Of The Treasury Janet L. Yellenâs Remarks To the Institute Of International Finance
Date
21/04/2021
I first started working on climate change in the 1990s, advising President Clinton as Chair of the Council of Economic Advisers in the runup to the 1997 Kyoto Conference of Parties. We understood that the potential cost of climate change was significant.
Of course, we know what the trajectory has been ever since. Over the past 30 years, the incidence of natural disasters has dramatically increased and the actual and future potential cost to the economy has skyrocketed. We are now in a situation where climate change is an existential risk to our future economy and way of life. If left unaddressed, climate change will leave us grappling with fundamental questions like: What are the consequences for our coastal cities and communities? What will happen to our farmers and cost of food after droughts and flooding decimate farmland? How ....

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Cleaning Up Electricity

Cleaning Up Electricity
A federal energy efficiency and clean electricity standard is doable, but getting one through Congress wonât be easy.
Wind turbines spin to generate electrical power in Atlantic City, New Jersey, February 17, 2021.
President Bidenâs American Jobs Plan has put the United States on an aggressive path toward a clean electricity standard (CES) that, at least for the moment, is ambitious in scope and vague in the particulars. The administration would require electric utilities to incorporate specified amounts of solar or wind and cleaner fuels in their energy portfolios and increase those sources over time, correspondingly decreasing dirtier fuels, to achieve â100 percent carbon-pollution free electricity by 2035.â ....

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Biden's transmission challenges

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Biden's tax plan will fully pay for infrastructure proposal, Treasury Department says

Biden's tax plan will fully pay for infrastructure proposal, Treasury Department says
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Leasing, permitting just part of climate debate

Leasing, permitting just part of climate debate
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