As part of the framework agreement onclean energy cooperation signed between President Barak Obama and Hu Jintao (See: US-China sign key agreements on climate and clean energy), the two countries are actively engaging industry, academia and civil society in advancing clean coal and CCS solutions that could clear the way to a larger agreement on reduction of greenhouse gas emissions by the two countries - among the world's two largest polluters.
The two presidents welcomed the following agreements and initiatives undertaken by Chinese and US organisations:
- US Trade and Development Agency announced it will support a feasibility study for an integrated gasification combined cycle (IGCC) power plant in China, utilising American technology developed in cooperation with the China Power Engineering and Consulting Group Corporation.
-Missouri-based Peabody Energy has finalised its participation in GreenGen, a project partnership between several major Chinese energy companies to develop a near-zero emissions coal-fired power plant.
- GE Energy and China's Shenhua Group are pursuing a joint venture that will advance coal gasification projects in China, and further develop related technology and business models
- AES, through its subsidiary Climate Solutions Asia, will enter into a joint-venture agreement with Shenzhen Dongjiang Environmental Recycled Power Company and Songzao Coal and Electricity Company to use methane recovered from a coal mine in Chongqing to generate electricity and reduce greenhouse gas emissions.
- US National Energy Technology Laboratory and West Virginia University agreed to conduct a feasibility study with Shenhua Group of China on capturing and sequestering CO2 from Shenhua's coal-based facility in China's Inner Mongolia Province