Canada, China release plan for energy co-operation

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During a public ceremony at China’s Great Hall, Canada’s Minister of Energy and Natural Resources and his Chinese counterpart signed a renewed pact that promises greater cooperation on clean and non-renewable energy. The memorandum of understanding recognizes that “conventional energy” plays an “important” role in the energy transition in the short term.

The official document signed Thursday launches a ministerial dialogue on energy that officials say hasn’t happened before and commits both countries to a meeting once every 12-18 months for five years. It also opens the door to Canada importing more clean tech from China.

It also recognizes the “potential” for renewable energy cooperation and pledges to explore opportunities for mutual benefit in areas of clean energy including offshore wind and solar.

“I believe the progress we have made in this partnership sets up well for the new world order,” Canadian Prime Minister Mark Carney said during his brief opening remarks. “It’s a partnership with new focus, greater depth and a sense of purpose.”

Source: Wikipedia