From Crisis to Opportunity

China and the United States are the world’s largest emitters of global warming pollution, and as both nations face an increasing dependence on foreign oil and dirty coal, their joint leadership is crucially needed to address global climate change and move the world to a clean energy economy. To combat global warming, China has committed to reduce its carbon intensity by 40 to 45 percent from 2005 levels by 2020, increase the share of non-fossil energy in its primary energy consumption to around 15 percent by 2020, and increase forest coverage.To meet these targets, China is moving to strategically establish itself as a leader in developing and deploying the clean energy solutions of the future: wind and solar power; advanced coal technology; electric vehicles, advanced batteries and high-speed rail; smart grid technology; and more energy efficient industries, buildings, lighting, and appliances.