September 11, 2014 to September 12, 2014
New York, NY

Dramatic changes in American energy production, Asian energy consumption, and climate change awareness across the world have altered the global energy landscape during the past decade. To explore the implications of these shifts on Sino-American relations, the second U. S.-China Track II Energy Dialogue was convened in New York City on September 11 and 12, 2014.  The dialogue brought together 21 Chinese and American experts from academia, think tanks and industry for off-the-record discussions and a public program.

The year since the previous Dialogue witnessed significant changes in both energy and Sino-American relations, so there was much to discuss.  Major developments included:

  • the 30-year $400Bn gas deal signed by China and Russia in May 2014;
  • disruptions in Iraq, Venezuela, Russia/Ukraine and other energy-producing countries;
  • the start of an historic decline in oil prices (from June 2014);
  • rising public pressure in China to address urban air pollution;
  • China’s announcement at its Communist Party’s Third Plenum (November 2013) of potentially transformative reforms and economic rebalancing for the decade ahead;
  • a raft of new challenges in the U.S.-China relationship;
  • negotiations toward the American and Chinese joint announcements on Climate Change (subsequently announced at the APEC Summit in Beijing in November 2014);
  • China’s total energy consumption (22.4 percent of the world’s energy consumption) surpassed that of the United States (22 percent), making China the world’s largest energy producer and consumer, and the largest emitter of greenhouse gases. 

Also new was the sense that the interests of China and the United States increasingly align in the areas of energy and climate change – generating opportunities for concrete progress on many fronts.  Two days of discussion among the Dialogue participants generated:

  • Energy outlook estimates for both countries through the rest of this decade;
  • Implications and policy recommendations for economics and business, the environment and climate change, geopolitics and security, and prospects for greater Sino-American energy cooperation. 
  • A consensus that the unconventional energy boom, changes in energy markets, environmental pressures, new technologies, and China’s ongoing economic and societal changes -- all create growing opportunities for China and the United States to collaborate.

CHINESE DIALOGUE PARTICIPANTS:

Chen Weidong, Chief Energy Researcher of the Energy Economics Institute, China National Offshore Oil Corporation (CNOOC)
Guo Sujian, Professor and Director, Environmental & Energy Policy Center, Zhejiang University
Jin Canrong, Associate Dean, School of International Studies, Renmin University
Liu Jingsheng, Managing Director and Chair, Investment Banking Committee, CICC
Liu Yadong, President, China Energy Fund Committee (USA), Inc.
Wang Tao, Resident Scholar, Energy & Climate Program, Carnegie-Tsinghua Center for Global Policy
Xu Xiaojie, Director, World Energy, Institute of World Economics and Politics, Chinese Academy of Social Sciences
Xue Feng, General Manager, CEFC Natural Gas (Shanghai) Co., Ltd.
Yu Hongyuan, Professor and Deputy Director of the Institute for Comparative Politics & Public Policy, Shanghai Institute for International Studies (SIIS)
Zhang Guobao, Former Vice Chairman of the National Development and Reform Commission, former Director of the National Energy Administration, and Chairman of the Advisory Committee of National Energy Commission
Zhuang Jianzhong, Deputy Director, China Energy Fund Committee International Center, International Energy Research Center

AMERICAN DIALOGUE PARTICIPANTS:

Jason Bordoff, Founding Director, Center on Global Energy Policy, Columbia University and former Special Assistant to the President and Senior Director for Energy and Climate Change on the Staff of the National Security Council
Edward Cunningham, Director, Harvard Kennedy School Asia Energy and Sustainability Initiative, and Assistant Professor, Boston University Dept. of Health and Environment
Howard Gruenspecht, Deputy Administrator, U.S. Energy Information Administration
Joanna I. Lewis, Associate Professor of Science, Technology and International Affairs, Edmund A. Walsh School of Foreign Service, Georgetown University
Kenneth Lieberthal, Senior Fellow, The Brookings Institution and former Special Assistant to the President for National Security Affairs and Senior Director for Asia, National Security Council
Stephen Orlins, President, National Committee on U.S.-China Relations
Meghan O’Sullivan, Professor of the Practice of International Affairs and Director, Geopolitics of Energy Project, Harvard University Kennedy School of Government
David Sandalow, Inaugural Fellow, Center on Global Energy Policy, Columbia University, and former U.S. Under Secretary of Energy (Acting)
David Youtz, Rapporteur, and Senior Consultant, National Committee on U.S.-China Relations
Anthony Yuen, Director, Energy Strategist, Commodities Research, Citigroup

Presentations and Related Documents:

“US Energy Outlook” Dialogue presentation by Howard Gruenspecht, Deputy Administrator, U.S. Energy Information Administration

“China Energy 2020” Dialogue presentation by Xu Xiaojie, Director, World Energy, Institute of World Economics & Politics, Chinese Academy of Social Sciences

Remarks by Zhang Guobao, former Vice Minister, National Development & Reform Commission, and former Director, National energy Administration of China – given at China Energy 2020 Public Program on September 11, 2014, New York City (Chinese and English)

“Five Points Promoting A Revolution in Energy Production and Consumption” Address by President Xi Jinping, at the Central Financial Work Leading Group, June 13, 2014 (Chinese and English)

“China’s Shale Gas Development Five Year Plan 2011-2015” English Translation

“China’s Shale Gas Development Five Year Plan 2011-2015” Chinese Version

U.S.-China Track II Energy Dialogue

U.S.-China Track II Energy Dialogue

American and Chinese experts from academia, think tanks, and industry gather for a two-day dialogue exploring how significant climate change and energy developments are altering each country's energy outlook.

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