United States President Barack Obama and Chinese President Hu Jintao announced they have reached a clean-tech agreement. The agreement is aimed at increasing energy efficiency and renewable energy, and would create a US-China clean-tech research center. President Obama spoke on the agreement saying, “As the two largest consumers and producers of energy, there can be no solution to this challenge without the efforts of both China and the United States.” The US-China Clean Energy Research Center will focus significantly on the development and deployment of carbon capture and storage technologies.
U.S.-China announce clean-tech agreement
Popular related articles
-
Court rules that termination for refusal to sign employee handbook is invalid (Baker & McKenzie)
On November 26, 2009, the No 1 Intermediate People's Court in Beijing reportedly ruled that a company's modified employee handbook was unenforceable because the modification did not follow a democratic procedure.
-
What full-components disclosure labeling means to technical secrets and how to react (King & Wood)
The General Administration of Quality Supervision, Inspection and Quarantine of the People"s Republic of China ("AQSIQ") promulgated the Administrative Rules on Cosmetic Labeling(the "Cosmetic Labeling Rules") and the Administrative Rules on Food Labeling (the "Food Labeling Rules") (collectively the "Rules") on July 24, 2007, both of which came into effect on September 1, 2008.
-
China imposes additional requirements on the import and export of 154 chemicals and 16 ozone depleting substances (Reed Smith LLP)
In the past month, China's Ministry of Environmental Protection has released two directories of substances requiring additional certifications and permitting for import and export.
-
The emergence of Chinese banks into global aircraft financing (Norton Rose)
The general view amongst industry analysts appears to be that the global economic crisis of the past 18 months has reached the bottom of the cycle and that we are now beginning a period of slow (albeit unstable) recovery within the aviation sector.
-
New procedures for non-immigrant visa application in China (Davis Wright Tremaine LLP)
With the boom of non-immigrant visa applications in U.S. embassies and consulates all over the world, the U.S. Department of State is adopting and transitioning office-by-office to the new online form DS-160 Nonimmigrant Visa Electronic Application.
-
China adopts Tort Liability Law (Squire Sanders & Dempsey LLP)
In December 2009 the PRC government adopted the Tort Law, which outlines the standards for tort liability and mitigating factors, product liability standards, liability for automobile accidents (Articles 48-53), liability for medical malpractice (Articles 54-64), liability for environmental damage (Articles 65-68), liability for hazardous products and activities (Articles 69-77), liability caused by persons who raise animals (Articles 78-84), and liability for damages caused by the collapse of structures or buildings (Articles 85-91).
-
First landmark decision in obtaining recognition and enforcement of a PRC court judgment in the US (King & Wood)
The products liability case initiated by Hubei Gezhouba Sanlian Industrial Co., Ltd. ("Sanlian"), and Hubei Pinghu Cruise Co., Ltd. ("Pinghu") (collectively "Plaintiffs") against Robinson Helicopter Company, Inc. ("Defendant") ( "the Case") is a landmark case in which a PRC court judgment was successfully recognized and enforced for the first time in the US.
-
The importance of patents in China (Haynes and Boone LLP)
Intellectual Property Rights (IPR) is a hot topic in China.
-
Enforceability of Hong Kong arbitral awards in mainland China (Edwards Angell Palmer & Dodge)
The Supreme People's Court of the People's Republic of China recently issued a letter on 30 December 2009 to all Higher People's Courts in mainland China confirming that ad hoc arbitral awards made in Hong Kong and those arbitral awards made in Hong Kong by the International Court of Arbitration of the International Chamber of Commerce and other foreign arbitration institutions are enforceable in mainland China in accordance with the Arrangement concerning Mutual Enforcement of Arbitral Awards between mainland China and the Hong Kong Special Administrative Region signed in 1999 (the "Arrangement").
-
State Council seeks to turn Hainan into “Hawaii of China” (Squire Sanders & Dempsey LLP)
On the last day of 2009, the PRC State Council issued Several Opinions Regarding Boosting Hainan to Develop Into an International Tourism Island (the Opinions).
-
Protecting Jane Doe's privacy: how far must employers go? (Hunton & Williams LLP)
A recent decision out of the Pennsylvania courts is a caution to employers who are required to produce employee personnel information in responding to court or agency proceedings.
-
Quick tips for monitoring and enforcement of Web 2.0 content (Haynes and Boone LLP)
Determine your pain tolerance.
-
Do you have an ESI strategy yet? Companies and in-house counsel sanctioned for poor oversight (Baker Donelson Bearman Caldwell & Berkowitz PC)
Although it has been more than three years since the Federal Rules of Civil Procedure were amended to codify parties' obligations to preserve and produce potentially relevant electronically stored information (ESI), a recent survey conducted by Kroll Ontrack reflects that only 46% of U.S. corporations possess an ESI readiness strategy.
-
Best practice considerations when serving on the board of a nonprofit organization (Morris Manning & Martin LLP)
Under U.S. tax law, most tax-exempt organizations are required to file an annual tax return known as a Form 990.
-
Tag it and bag it - what you must consider when drafting a digital document retention policy (Ungaretti & Harris)
Many companies are extremely concerned about retaining every single document in todays electronic age.
-
Employee endorsements can now lead to employer liability (Bond Schoeneck & King)
Under guidelines recently issued by the Federal Trade Commission (“FTC”)—Guides Concerning the Use of Endorsements and Testimonials in Advertising, 16 CFR Part 255—an employer may now face liability for employee endorsements of its products and services, if the employment relationship is not disclosed.
-
Remember "Super Bowl", the "Olympics" and "March Madness" are trademarked terms - don't use them in advertising without permission (Davis Wright Tremaine LLP)
With the Super Bowl and the Winter Olympics less than 2 weeks away, and March Madness not far behind, we once again need to remind our readers that all three are trademarked terms, meaning that their use, particularly for commercial purposes, is limited.
-
Federal estate, GST and gift tax law: current status and possible retroactive legislation (Duane Morris LLP)
Despite legislation proposed by Congress in 2009, which we reported on in our prior Alerts, Congress has nevertheless been unable to prevent the repeal of the federal estate and generation-skipping transfer (GST) taxes.
-
Recently released DOL budget makes worker misclassification and state paid leave priorities for the next fiscal year (Porter Wright Morris & Arthur LLP)
On Monday, February 1, 2010, the U.S. Department of Labor (DOL) released its budget for the 2011 fiscal year.
-
New York Jets coach fined for "off-duty" conduct (Porter Wright Morris & Arthur LLP)
While attending a Mixed Martial Arts event in Miami, New York Jets head coach, Rex Ryan, apparently made an obscene gesture at some Miami Dolphin fans who were taunting him.
-
Google seeks U.S. nod to trade wholesale electricity (Patton Boggs LLP)
Google is seeking U.S. approval to trade wholesale electricity to reduce costs associated with buying renewable energy resources such as wind and solar power.
-
Aboriginal law 2009 - a year in review (Gowling Lafleur Henderson LLP)
The Court recognized that there is a historic and present rights-bearing Métis community within the entire area of southern Manitoba.
-
Renewable Energy Credits taking shape in Ohio (Bricker & Eckler LLP)
The value of Renewable Energy Credits ("RECs") took another step toward gaining a more definitive market value in Ohio with the completion of the Alternative Energy Portfolio rules ("Rules") by the Public Utilities Commission of Ohio ("PUCO").
-
Federal Court blocks CSR demerger (Blake Dawson)
CSR Limited's proposal to demerge its sugar and renewable energy business by way of scheme of arrangement has been blocked by the Federal Court.
-
A quick discourse on shale gas (Gowling Lafleur Henderson LLP)
Much has been written recently on the topic of shale gas.
-
CFTC proposes to set position limits in the energy futures market (Cadwalader Wickersham & Taft LLP)
The Commodity Futures Trading Commission (the "CFTC" or "Commission") has published a release containing a proposed rulemaking that would (i) establish federal speculative position limits for futures on four major energy commodities;1 (ii) establish new standards for obtaining exemptions from such limits for bona fide hedging transactions and for certain swap dealer risk management transactions; and (iii) establish standards for aggregating positions in energy contracts.
-
Guidance on ‘Wrotham Park' damages for breach of contract (Hammonds LLP)
In Pell Frischmann Engineering Limited v (1) Bow Valley (2) P T Bakrie, the Privy Council has given guidance on how ‘Wrotham Park’ damages should be assessed.
-
Dampier to Bunbury Natural Gas Pipeline undertakings varied (Blake Dawson)
The ACCC has consented to vary undertakings accepted in 2004 as a condition for approval of the acquisition of the Dampier to Bunbury Natural Gas Pipeline (DBNGP) by a consortium comprising Alinta, Alcoa and DUET.
-
Crack down on "green washing" (Blake Dawson)
The ACCC has instituted proceedings against Prime Carbon Pty Ltd, which sells a "soil carbon and sequestration program" to farmers.
-
What is the duty to consult, anyway, and why is it important? (McMillan LLP)
Mining and energy companies exploring and operating in Canada will at some time find themselves developing or needing to develop relationships with Aboriginal peoples.
-
SEC guidance on climate change disclosures (Greenberg Traurig LLP)
On Tuesday, February 2, 2010, the SEC released its Guidance Regarding Disclosures Related to Climate Change.
-
LEED for healthcare and green initiatives (Morris Manning & Martin LLP)
Embracing green initiatives and achieving LEED certification can help healthcare facilities and practitioners utilize sustainable and environmentally-conscious building practices and operations, save building operational costs, and promote good stewardship of the environment.
-
Google seeks U.S. nod to trade wholesale electricity (Patton Boggs LLP)
Google is seeking U.S. approval to trade wholesale electricity to reduce costs associated with buying renewable energy resources such as wind and solar power.
-
From Copenhagen to Mexico: the first step (Gowling Lafleur Henderson LLP)
At the Copenhagen Climate Change Conference in December, nations "took note" of the Copenhagen Accord; and were asked to submit their 2020 greenhouse gas reduction target by January 31, 2010 as the first step in a year-long process to transform the Accord into a comprehensive and legally binding agreement.
-
SEC interpretive release establishes new guidance on disclosure of climate change matters (Cleary Gottlieb Steen & Hamilton LLP)
On February 2, 2010, the Securities and Exchange Commission issued an interpretive release to provide guidance on existing Commission disclosure requirements as they apply to climate change.
-
Copenhagen summit fails to produce new global climate change treaty (Jones Day)
The United Nations' climate summit at Copenhagen, officially known as COP-15, has been unofficially dubbed "Klimafarce" by the Danish press, because leaders of the 194 negotiating nations failed to reach a legally binding international climate agreement to replace the Kyoto Protocol.
-
SEC issues interpretive guidance related to climate change disclosures (Baker & Hostetler LLP)
On February 2, 2010, the Securities and Exchange Commission (SEC) issued an interpretive release (the "Guidance") addressing disclosure in SEC filings related to climate change issues.
-
Renewable Energy Credits taking shape in Ohio (Bricker & Eckler LLP)
The value of Renewable Energy Credits ("RECs") took another step toward gaining a more definitive market value in Ohio with the completion of the Alternative Energy Portfolio rules ("Rules") by the Public Utilities Commission of Ohio ("PUCO").
-
China imposes additional requirements on the import and export of 154 chemicals and 16 ozone depleting substances (Reed Smith LLP)
In the past month, China's Ministry of Environmental Protection has released two directories of substances requiring additional certifications and permitting for import and export.
-
SEC interpretive guidance addresses climate change disclosure requirements (Morgan Lewis & Bockius LLP)
On February 2, the Securities and Exchange Commission (SEC) issued interpretive guidance for public companies regarding the application of the SEC’s existing disclosure requirements to climate change (the Guidance).
-
U.S. Congress fast tracks Iran sanctions legislation with extraterritorial reach (Alston & Bird LLP)
On January 28, 2010, the U.S. Senate passed by voice vote the “Comprehensive Iran Sanctions, Accountability and Divestment Act of 2009” (S. 2799).
-
Premier American Bank assumes all of the deposits of Florida Community Bank (Alston & Bird LLP)
On Friday, the Florida Office of Financial Regulation closed Florida Community Bank , headquartered in Immokalee, Florida and the FDIC was named receiver.
-
SEC issues interpretive guidance related to climate change disclosure and proposes changes to Rule 10B-18 (Alston & Bird LLP)
At an open meeting yesterday, the Securities and Exchange Commission (SEC) voted 3-2 to issue an interpretive release regarding disclosures related to climate change issues in annual reports, registration statements and information statements of issuers.
-
Charter Bank Albuquerque, New Mexico assumes deposits of Charter Bank, Santa Fe, New Mexico (Alston & Bird LLP)
On Friday, the OTS closed Charter Bank, headquartered in Santa Fe, New Mexico, and the FDIC was named receiver.
-
Community & Southern Bank assumes all of the deposits of First National Bank of Georgia (Alston & Bird LLP)
On Friday, the OCC closed First National Bank of Georgia , headquartered in Carrollton, Georgia, and the FDIC was named receiver.
-
President expected to push for climate legislation in State of the Union (Alston & Bird LLP)
Tonight, President Obama will give the annual State of the Union address and he will likely make a push for passing climate change legislation in 2010.
-
Ru l%kin @ my txt msgs? (Alston & Bird LLP)
"What are the legal boundaries of an employee’s privacy in this interconnected, electronic communication age, one in which thoughts and ideas that would have been spoken personally and privately in ages past are now instantly text-messaged to friends and family via hand-held, computer-assisted electronic devices?"
-
Congressional Oversight Panel holds field hearing in Atlanta on commercial real estate (Alston & Bird LLP)
On Wednesday, the Congressional Oversight Panel (COP) held a field hearing in Atlanta, Georgia on the state of commercial real estate lending.
-
Treasury and HUD release guidance to expedite permanent modifications under HAMP (Alston & Bird LLP)
Yesterday, the U.S. Department of Treasury and Department of Housing and Urban Development (HUD) released updated guidance for servicers participating in the Home Affordable Modification Program (HAMP).
-
Umpqua Bank assumes deposits of Evergreen Bank (Alston & Bird LLP)
On Friday, the Washington Department of Financial Institutions closed Evergreen Bank, headquartered in Seattle, Washington, and the FDIC was named receiver.
If you are interested in submitting an article to Lexology, please contact Andrew Teague at ateague@lexology.com.