U.S. Power Companies Seek Out Chinese Allies

November 25, 2009 at 8:00 am

Duke Chief Executive Jim Rogers said these deals are just the beginning, and that he may solicit Chinese financing for the $25 billion in capital Duke needs to raise in the next five years to build new plants and upgrade other facilities.

As President Barack Obama meets with Chinese officials this week, tamping down carbon-dioxide emissions is on the agenda. The U.S. and China together account for 40% of the world’s output of the gas, the leading culprit in global warming. The two nations’ talks are expected to explore ways they can cooperate to solve common problems, such as making coal a cleaner-burning fuel.

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Entry filed under: Asia, Business Development, Business Environment, China, Energy, General Information, Global Business, NKITA, North America, Northern Kentucky.

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Travel with the Northern Kentucky Chamber in 2012

Peru - August 12-20, 2012
To learn more about the program, please email Kyle Horseman or call 859.426.3653.

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