To give some context into the discrepancy in funding Yellen is referring to
> But as a result of green investments under the Inflation Reduction Act Signed into law by US President Joe Biden in 2022, the legislation directs nearly **US$400 billion in federal funding and tax credits to clean energy over the next decade**.…China invested an estimated **US$890 billion in clean-energy sectors in 2023**, up 40 per cent year-on-year from 2022.
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To give some context into the discrepancy in funding Yellen is referring to
> But as a result of green investments under the Inflation Reduction Act Signed into law by US President Joe Biden in 2022, the legislation directs nearly **US$400 billion in federal funding and tax credits to clean energy over the next decade**.…China invested an estimated **US$890 billion in clean-energy sectors in 2023**, up 40 per cent year-on-year from 2022.