Yesterday, Secretary of the Treasury Janet L. Yellen and Secretary of Energy Jennifer Granholm hosted a working dinner with CEOs of leading companies in the clean energy economy. During the meeting, Secretary Yellen, Secretary Granholm, and CEOs discussed the impact of President Biden’s Inflation Reduction Act, described as "the most significant climate law in history," which is driving private sector investments in American clean energy and creating new jobs across the nation.

CEOs shared ideas on how the private and public sectors can collaborate to accelerate investments in America’s clean energy economy. Secretaries Yellen and Granholm emphasized the Biden-Harris Administration’s commitment to continue working with the private sector to implement the Inflation Reduction Act.

Secretaries Yellen and Granholm also highlighted recent efforts by the Administration to support the private sector in the clean energy transition. This includes Treasury’s Principles for Net-Zero Financing and Investment, released last year to guide financial institutions pursuing net-zero commitments, as well as the Administration’s Principles for Responsible Participation in Voluntary Carbon Markets.