The potentials and limits of China-EU cooperation on climate change and energy security

Due to economic interdependency through trade and investment, economies of scale, and economic complementarities, China and the European Union (EU) have a huge potential for cooperation. Already many things have happened so far. Since 2004, the cooperation on climate change has been a key issue on the political agenda of China-EU summits. In 2005, the EU and China even endorsed a "Joint Declaration on Climate Change" which emphasizes reducing the cost of clean energy key technologies for China, first and foremost through the development and deployment of near-to-zero-emission CCS technology. Letting China gain access to clean energy technology is the key issue of climate change cooperation. Despite great efforts and potential mutual benefits, this is still a field of conflicting interests. The authors argue that currently, cooperation on the transfer of clean energy technology is very limited due to rational interests of the actors and the insecurities involved in cooperation.