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With the state visit of China's President Hu Jintao underway, the White House and China this week announced more than $45bn in export deals - and more than two-thirds of them involve energy efficiency, emissions reduction and cleantech solutions.
Of the 31 transactions, projects and MOUs cited by the US and China, 22 were green business deals involving more than a dozen US firms including Duke Energy, General Electric, Alcoa, Cummins, Boeing, Pratt & Whitney, Honeywell and more. The arrangements include plans to develop technology for eco-friendly cities, renewable energy projects, carbon capture programs and solutions to make coal plants and mines more environmentally responsible.