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
-
Carrefour’s lawsuit against chinese supermarket chain over name (Lehman Lee & Xu)
Carrefour SA has filed a lawsuit against Anhui Jiale Supermarket Chain Co Ltd and its subsidiaries in Fuyang, claiming they violated the rule of fair competition and infringed upon the Carrefour trademark.
-
Comparative analysis of local rules regarding formation of private equity funds and management companies in China (Greenberg Traurig LLP)
Against the backdrop of a huge amount of domestic liquidity from both state-owned and non-state enterprises, the launch of the long-awaited Growth Enterprise Market (GEM) in Shenzhen at the end of 2009 and the continued growth of private equity investment activity in China, China's four major cities, Beijing, Shanghai, Shenzhen and Tianjin, continue to compete to become China's hub for the formation of both domestic and foreign-invested equity investment fund enterprises (EIFEs) and equity investment management enterprises (EIMEs) with the promulgation of various local rules and incentive policies for the formation of EIFEs and EIMEs.
-
Circular 698: China’s anti-tax avoidance measures for offshore SPVs (Cadwalader Wickersham & Taft LLP)
In a circular issued on 10 December 2009, the State Administration of Taxation ("SAT") made clear its intention to target offshore transactions involving the indirect transfer of PRC enterprises (Notice on Strengthening the Management of Enterprise Income Tax Collection of Proceeds from Equity Transfers by Non-Resident Enterprises Guoshuihan [2009] No.
-
US insurance inquiry - possible fallout for China? (King & Wood)
Recently, the Associated Press reported that the New York State Attorney General has served subpoenas on two major multi-national life insurers as part of that office's inquiry into those companies policies for paying death benefits to life insurance policyholders' beneficiaries.
-
Collusive behaviour amongst banks? (King & Wood)
In mid-August, it was reported in the press that the National Development and Reform Commission (NDRC) had received complaints that the commercial banks in China have engaged in price-fixing conduct.
-
Circular beach towel's trademark is invalid (Kelley Drye & Warren LLP)
In the late 1980s, Clemens Franek sought and received trademark registration status for his "radical" round beach towel.
-
Western District of New York upholds non-compete and grants TRO (Seyfarth Shaw LLP)
Plaintiff IDG USA, LLC (“IDG”), a Georgia company with its principal place of business in North Carolina, commenced an action against a former employee, Kevin J. Schupp (“Schupp”), a New York resident, alleging breaches of a Non-Compete Agreement, breach of a Confidentiality Agreement, unfair competition, and theft of trade secrets.
-
Shutting down corporate pick-pockets (Gardere Wynne Sewell LLP)
A 10-year employee accounting manager systematically transfers amounts via ACH to her personal checking account.
-
Employer wins “cat's paw” case (Foley & Lardner LLP)
On August 11, 2010, a federal court rejected a terminated employee's "cat's paw" argument.
-
Massachusetts personnel records statute amended to require employers to notify employees when negative information is placed in personnel records (Goodwin Procter LLP)
Massachusetts recently enacted an economic development statute which contains an important amendment to the Massachusetts Personnel Records Statute, G.L. c. 149, § 52C.
-
Historic win in High Court for resources industry (MARQUE Lawyers)
"Since gold is an excellent metal, it must belong to the most excellent person in the realm, the king".
-
DOE gives a good news cycle for natural gas (Foley Hoag LLP)
The US Department of Energy (DOE) announced two items in the last week that, while not related, could both spell large changes in the US energy future and create huge boon to the natural gas industry, if they pan out.
-
When must a party elect between contractual termination and common law repudiation? (Rajah & Tann LLP)
In Shell Egypt West Manzala GmbH v Dana Oil Egypt Ltd [2010] EWHC 465 (Comm), the Plaintiff ("Shell") had both the right to terminate its contract with the Defendant ("Dana") for repudiatory breach, and to terminate under a specific clause of the contract.
-
Legislative amendments to manage land access arrangements in NSW (Norton Rose)
The land access provisions of the Mining Act 1992 (Mining Act) and the Petroleum (Onshore) Act 1991 (Petroleum Act) were amended on 9 June 2010 with the commencement of the Mining and Petroleum Legislation Amendment (Land Access) Act 2010 (Amendment Act).
-
US Department of Energy issues solicitation for renewable energy manufacturing projects under DOE federal loan guarantee program (Squire Sanders & Dempsey LLP)
The US Department of Energy (DOE) recently announced the fourth solicitation to be issued under Section 1705 of the DOE's federal loan guarantee program.
-
CON29 and the EIR - East Riding and beyond (Cobbetts LLP)
In this newsletter, we look at the on-going dispute between local authorities and property search companies relating to charging for local search information, and the application of the Environmental Information Regulation (EIR) to that.
-
Fourth Circuit determines that legally objectionable behavior by counsel is not enough to overturn arbitration award (Goldberg Segalla LLP)
This appeal arises from a contract dispute concerning the construction of a wastewater treatment plant.
-
Going green by building green (Greenbaum, Rowe, Smith & Davis LLP)
Green building is a popular topic in the current construction and real estate markets, but what exactly does it mean to build green?
-
Remediation certificates – creating new opportunities for redeveloping property with an environmental “past”? (Miller Thomson LLP)
In Alberta, the absence of express brownfields redevelopment legislation has meant that some owners of contaminated property concerned with unpredictable and on-going liability have resorted to simply walking away, leaving abandoned sites and literal brown fields.
-
Nanotechnology: EPA seeks comments on nanoscale silver case study (Shook Hardy & Bacon LLP)
EPA has announced that it seeks public comments on a nanoscale silver case study and an approach to analyzing its risks.
-
SEC adopts new rules mandating shareholder access to proxy statements (Alston & Bird LLP)
On August 25, 2010, the Securities and Exchange Commission (SEC) adopted, by a vote of 3-2, new rules that give shareholders unprecedented access to an issuer's proxy statement.
-
Chairman Bernanke gives speech on economic outlook and monetary policy (Alston & Bird LLP)
On Friday, Federal Reserve Chairman Ben Bernanke gave a speech entitled "The Economic Outlook and Monetary Policy" at the Federal Reserve Bank of Kansas City Symposium.
-
Electronic misconduct: what liability for employers? (Alston & Bird LLP)
A significant number, if not the majority, of employees in the United States use company owned computers to access the Internet for personal purposes.
-
California Public Utilities Commission approves renewable energy contracts and makes strides toward achieving state’s renewable energy goals (Alston & Bird LLP)
On August 12, 2010, the California Public Utilities Commission (CPUC) approved renewable energy contracts for Pacific Gas and Electric Company (PG&E) and Southern California Edison (SCE).
-
Urban Partnership Bank of Illinois assumes deposits of ShoreBank (Alston & Bird LLP)
On Friday, the Illinois Department of Financial and Professional Regulation closed ShoreBank, headquartered in Chicago, Illinois, and the FDIC was appointed receiver.
If you are interested in submitting an article to Lexology, please contact Andrew Teague at ateague@lexology.com.