International Cooperation
President Barack Obama and China's President Hu Jintao announced on 2009-11-17 a far-reaching package of measures to strengthen cooperation between the United States and China on clean energy. The presidents began by establishing a U.S.-China Clean Energy Research Center to facilitate joint research and development of renewable energy technologies by scientists from both countries. The center will be supported by $150 million in public and private funds over the next five years, split evenly between the partners. Initial research priorities will be building energy efficiency and electric vehicles.
The two countries will also leverage private sector resources to develop clean energy projects in China through the U.S.-China Energy Cooperation Program (ECP). More than 22 companies are founding members of the program. The ECP will include collaborative projects involving renewable energy, smart grids, electric vehicles, green buildings, combined heat and power and energy efficiency.
Read more about this topic: Energy In The United States
Famous quotes containing the word cooperation:
“The common erotic project of destroying women makes it possible for men to unite into a brotherhood; this project is the only firm and trustworthy groundwork for cooperation among males and all male bonding is based on it.”
—Andrea Dworkin (b. 1946)