Subject: Re: China
From: Daniel Poneman <[email-masked]>
To: John Podesta <[email-masked]>
Date: Tue, 24 Mar 2015 12:12:54 -0400

John:   Meant to ask yesterday if you think the track 1-1/2 is a good approach to build momentum behind advancing some of these clean energy approaches for china.   Any suggestions re next steps?  Best.  Dan

Sent from my iPhone

> On Mar 22, 2015, at 14:19, Daniel Poneman <[email-masked]> wrote:
> 
> John:
> 
> Talked to Eryn and know you were out on Friday.  Let me just give you the key elements coming out of the Paulson Institute clean energy finance seminar in China, for ease of reference.
> 
> Bottom-line:  Chinese were engaged, focused, and positive about the suite of ideas for clean energy finance.  I briefed both sets of USG activities aimed at overcoming the first/tech development valley of death (grants, ARPA-E, hubs, EFRCs, etc.) as well as US-Chinese cooperation in that space through CERC and the second/commercialization valley of death (loan program leading to first grid-scale deployment of PV, CSP, largest wind farm, etc.).  MacWilliams did a great job explaining current programs and successes achieved.
> 
> Ma Jun, of the People's Bank of China, laid out an ambitious agenda of tools to use to promote clean energy finance, including ideas such as green bank, policy support (e.g., green bonds), infrastructure support (e.g., by lowering cost of capital), and legal reform (e.g., consumer protections, enforcing environmental laws by holding banks accountable for climate effects of projects they finance).  Discussion embraced state-owned enterprises, private enterprise, and public private partnerships.  The Chinese Investment Corp was also represented.
> 
> Sandalow came up with the idea of advancing these ideas via a Track 1-1/2 dialogue, and when we can speak I can flesh that out a bit.  But that is the thumbnail of the results and, as I said, Hank wanted to be sure you get a quick download.  Thanks again for your guidance and support.
> 
> BTW had a message from Melanie Hart from CAP about China, and will close the loop with her as well.
> 
> Best,
> 
> Dan
> 
>> On Thu, Mar 5, 2015 at 5:50 AM, John Podesta <[email-masked]> wrote:
>> Great. What number can I reach you at today?
>> 
>>> On Mar 5, 2015 2:50 AM, "Daniel Poneman" <[email-masked]> wrote:
>>> John:
>>> 
>>> MacWilliams is locked and will be great.  Also am connecting Boots to PI.
>>> 
>>> Have some news to give you a heads-up on if you have two minutes for a call on Thursday.
>>> 
>>> Hope you are enjoying at least SOME relief, but have a hunch you are no less busy now than before.....
>>> 
>>> Best,
>>> 
>>> Dan
>>> 
>>>> On Wed, Feb 18, 2015 at 9:57 PM, John Podesta <[email-masked]> wrote:
>>>> Thx  I think we have McWilliams headed to China thanks to my call with Hank. Look forward to hearing how it went when you are back.
>>>> 
>>>>> On Feb 18, 2015 7:14 PM, "Daniel Poneman" <[email-masked]> wrote:
>>>>> John:
>>>>> 
>>>>> Greetings from Jo'burg, where I have been working on possible solar deals all week.  On the fly susie and I decided to add a Botswana safari starting tomorrow, so will be offline for 9 days. Unprecedented!
>>>>> 
>>>>> Just wanted to thank and congratulate you for the tremendous contributions you made to the president and to the Nation in your most recent tour in government.  You made a huge difference on so many issues that matter, and as always you managed it with grace and good humor.  The dinner you and Mary hosted for the big data team was just one of the typically generous things you did.
>>>>> 
>>>>> And your efforts will continue to bear fruit, as you started a lot of great things in motion.  The upcoming Paulson institute seminar in China is only the most recent example.
>>>>> 
>>>>> Hope you get at least some down time.  And as I said before if I can help in any way on energy and security issues please let me know.
>>>>> 
>>>>> All best
>>>>> 
>>>>> Dan
>>>>> 
>>>>> Sent from my iPhone
>