Remarks by Secretary of the Treasury Janet L. Yellen in Raleigh, North Carolina

As Prepared for DeliveryI am glad to be here in North Carolina with Governor Cooper, Congresswoman Ross, and Congressman Nickel at Wake Tech Community College. North Carolina Community Colleges led the way more than a decade ago when they overhauled their curricula to equip students pursuing technical education with skills in clean energy technologies. More recently, Wake Tech has continued to lead by using federal funds to launch new training for jobs in the electric vehicle industry and in advanced building technologies. And Wake Tech is also moving forward to take advantage of one of the Inflation Reduction Act’s most significant reforms: direct pay, which allows tax-exempt entities like colleges and universities to benefit directly from the IRA’s clean energy tax credits.