U.S. Treasury Secretary Janet Yellen said Monday that she is willing to work with a number of countries that have complained about what they see as discriminatory aspects of a landmark U.S. climate law.
«We are consulting widely with affected groups, including Europeans and other countries that have concerns about the law,» Yellen said after meeting with French Finance Minister Bruno Le Maire on the sidelines of the Group of 20 summit in Bali, Indonesia, Bloomberg reports.
In this sense, Yellen has shown her intention to explain U.S. legislation to her counterparts in Bali, without acknowledging whether she would make an effort to get them to try to change the law.
«We are willing — within the limit of the kind of law that Congress has passed — to work with them to address concerns to the extent that we can, and also to explain the ways in which the law will benefit them,» the Treasury secretary said.
Both France and South Korea have criticized the regulations, prompting Paris to call for a «strong and coordinated response.» The US and the European Commission set up a working group several weeks ago to resolve their disagreements.
