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EU and China to team up on green energy
Date:07 May 2012
Accessibility:Subscription only, paid
European Commission and Chinese officials have agreed the details of an urbanisation partnership announced at the last EU-China summit in Beijing in February. They have also pledged to deepen cooperation on energy security and electricity markets. The partnership will open up market opportunities for European businesses in areas such as sustainable urban development and green transport. It also aims to address common goals, such as climate change, through cooperative action. The two high-level meetings on energy and urbanisation, which took place in Brussels on Thursday, are the latest in a long series of EU-China bilateral events aimed at expanding and deepening cooperation between the two sides. Europe and China are already working together in a range of areas, including smart grids and building energy efficiency, through a high-level economic and trade dialogue. They are also cooperating on the development of carbon capture and storage technology and emissions trading schemes (ETSs).