This week, Chinese President Hu Jintao is in the United States for a state visit. This visit is an opportunity to address issues that are important to the American people and to demonstrate that the relationship between the United States and China yields substantial benefits, even as we must work through difficult challenges. There’s one emerging success story we’d like to highlight in particular that will yield benefits for both our peoples and the world more broadly: our work together to accelerate clean energy research and development.
At a ceremony held today in Washington, D.C., Secretary Steven Chu announced and witnessed the next milestones in the establishment of the U.S.-China Clean Energy Research Center. The signings of five-year work plans developed jointly among the U.S. and Chinese research teams under the Center. The $150 million Center is a flagship initiative, funded equally by both countries over five-years with a combination of public and private-sector sources.
At the ceremony, a new logo for the Center was also unveiled, and a new website launched. The Center's research areas will initially be in building energy efficiency, clean coal and clean vehicles. There are compelling reasons for this initial focus. China's rapid urbanization will create one United States-worth of floor space over the next 20 to 30 years, while both the United States and China are the two heaviest users of coal and oil.
For more thorough account of how the world's two largest consumers of energy are cooperating to create a cleaner energy future, read our recently released report, U.S.-China Clean Energy Cooperation: A Progress Report by the U.S. Department of Energy.