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Yellen Says US Back on Track to Ending Fossil-Fuels Dependence

  • Treasury secretary to make remarks in speech on Thursday
  • ‘We are on a path to a net-zero emissions economy,’ she says
Janet Yellen

Janet Yellen

Photographer: Ting Shen/Bloomberg

The US is on track to hit ambitious emissions-reduction goals following recent climate legislation that encourages investment in green technology, Treasury Secretary Janet Yellen will say in a speech in Detroit on Thursday.

The law, signed by President Joe Biden on Aug. 16, “represents the largest investment in fighting climate change in our country’s history,” Yellen will say, according to an excerpt provided to Bloomberg News.