
The importance of CCS in the developing world can’t be overstressed. Demand for energy in China and India is rising quickly and is expected to account for most of the new releases of CO2 into the atmosphere.
Also, China is he world's largest electricity producer. For China alone, coal-related emissions are expected to grow by an average of 2.6% annually from 2007-2035, from 5.2 billion metric tons in 2007 to 10.6 billion metrc tons a year. [1]
By 2035, projections show the developing world will account for the majority of releases of CO2 in the world.
The West must cut its CO2 deeply, but shifting fossil fuel growth in the developing world to CCS is also a top global priority.
Together, the US and China account for about 40% of the world’s CO2 releases. The two countries are both heavily reliant on fossil fuels. The challenges they face are the same- how to cut CO2 emissions without harming economic growth and national security.
Partnerships between US and Chinese companies are one of the most promising paths to drive down CCS costs and speed deployment in both the East and West.
These relationships build trust necessary to facilitate agreements between the governments of the two countries.
Business-to-business collaborations hold the potential to:
[1] http://www.eia.doe.gov/oiaf/ieo/emissions.html

CATF’s China Project: