The good news is that Chinese executives and politicians understand the risks posed by global climate change and the role that CO2 emissions play. Given that understanding and its reliance on coal, it is not surprising that China is investing substantively in CCS. The world’s largest power company, Huaneng, has almost finished the GreenGen plant, soon to be the largest integrated gasification combined cycle plant on earth. It is being built to International Green Construction Code Standards with 80 percent indigenous technology — and in less than three years. Moreover, the 250-megawatt plant will sequester 90 percent of GreenGen’s emissions in the next three years, roughly one million tons per year. Huaneng also plans to undertake a large-scale CCS retrofit to a 600-megawatt plant near Shanghai, which will capture between two and four million tons of CO2 per year.