President Obama and Prime Minister Wen Jiabao of China should hold a summit to launch a partnership on limiting greenhouse gas emissions and developing renewable sources of energy, the Asia Society and the Pew Center on Global Climate say in a new report. Entitled Common Challenge, Collaborative Response, the report — produced in part by Steven Chu before he recently became the U.S. Secretary of Energy — said the climate and energy summit should kick off a series of joint initiatives by U.S. and Chinese officials. Saying that both countries will continue to rely heavily on coal for years to come, the report called on China and the U.S. to make large-scale investments in developing carbon capture and storage technologies. It also called on collaboration to develop and deploy renewable forms of energy and to use government funding to leverage private investment in green energy.
China-U.S. Climate PartnershipCalled For in Report By Asia Society, Pew
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