As China is building a new coal-fired power plant every week, on average, the rapid development and installment of carbon capture and storage (CCS) technology is of critical importance to control the nation's ever increasing greenhouse gas emissions. Critics say that a cooperation between China and the US, where a lot of research on CCS has been performed, might be the only way to attain substantial CO2 reductions. However, this may stay wishful thinking, as the China-US relationship has always more resembled rivalry than cooperation.
Read the full story here: http://news.nationalgeographic.com/news/energy/2012/12/120213-us-china-teamwork-on-clean-coal/
By the way, today, on Valentine's day, the Chinese Vice President Xi Jinping has visited President Obama. Perhaps they have exchanged some words on energy ...?