Congressmen ask Obama to sell green tech to China
Washington: With China showing interest
in acquiring green technology, four US lawmakers have asked
President Barack Obama to redirect stimulus funding towards
the purchase of advanced energy technology from US-owned
manufacturers for heavily polluting Chinese power plants.
In return for these services, China would "sell-back"
some of the more than USD 800 billion in debt held by it.
In a letter, the four Congressmen urged Obama to
pursue an agreement to redirect stimulus dollars towards the
purchase of Best Available Control Technology (BACT) equipment
and services from American-owned manufacturers to be employed
at existing or future coal-fired power plants in China.
The signatories to the letter are Congresswoman,
Cynthia Lummis, and Congressmen, Rob Bishop, Phil Gingrey and
"China has recently expressed an interest in obtaining
green technologies to produce energy in a more environmentally
responsible manner. We view this as an important opportunity
for the US to advance our trade interests, incentivize
high-paying American technology and manufacturing jobs, reduce
global emissions of traditional pollutants, all while paying
the national debt," they said.
"China is one of the largest holders of US securities
– around USD 800 billion. China is also the largest carbon
emitting nation in the world. This is the same nation building
a new coal-fired power plant almost weekly in order to meet
their ever-growing energy demands," Lummis said in a release.
More from India
More from World
More from Sports
More from Entertaiment
- DNA: US army's joint exercise with Indian Army and their consolation on Uri attack
- DNA: Analysis of Indus water treaty between India and Pakistan
- Panel discussion over PM Modi's willingness to engage in direct dialogue with Pak
- PM Modi slams Pakistan govt during his speech in Kozhikode
- EPFO to launch new online system for pensions and PFs soon
- Donald Trump praises Hindu community's contributions to US
- Uri effect? India, Afghanistan bypass Pak to set up exclusive air corridor
- Reliance Jio impact: Vodafone offers 10 GB data at 1 GB rate
- Govt calls meet on Indus Water Treaty; Water Resources Ministry, MEA to brief PM Modi
- Five takeaways from Sushma Swaraj's speech at UN General Assembly